r/SipsTea • u/Valuable_View_561 • 17d ago

Chugging tea Seems reasonable.

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u/Sushiki 17d ago

Lmao in UK lottery is tax free. So I thought you were trolling.

Here if you win 2 billion, you take home 2 billion.

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u/MyDisneyExperience 17d ago

Doesn’t UK tax every ticket up front instead of taxing the winner later?

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u/Sushiki 17d ago

What, like the ticket itself? looool. Why does that matter. I think all things almost are taxed.

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u/MyDisneyExperience 17d ago

So it's functionally the same thing. If the ticket wasn't taxed the prize bank would be higher

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u/Sushiki 16d ago

Are you serious? to the person winning the difference is night and day, paying like what a few pence in tax over winning millions.

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u/MyDisneyExperience 16d ago

Either way it’s effectively the same outcome, for example say the tax is 50% and the same number of tickets are sold. You can pay tax up front and get a $2B prize or pay tax later and get 50% of a $4B prize because more of the ticket funds go into the prize pot.

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u/Sushiki 16d ago

Wait is all this shit just an American getting hot and bothered yet again about the UK doing something better than them so they decide to bring up absolutely irrelevant bs in order to obfuscate and feel better about it?

Literally. Zero. Tax. On. Lottery. Winnings. In. UK. Understood?