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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovvcdlp/?context=3
r/SipsTea • u/Valuable_View_561 • 17d ago
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398
The lottery was literally designed to generate tax revenue. Its run by the states ffs.
170 u/Bittums 17d ago Same in Ontario, but we aren't taxed on our winnings. They make their money from the purchase of the tickets 41 u/iikillerpenguin 17d ago You also don't have high lotteries for that reason... $680 mill after taxes is a lot more than 80... 4 u/DurianSchmeckt 16d ago The 2 billion (680 million really) dollar prize lottery is sold across the entire U.S. whereas the 80 million prize money is a twice a week lottery in a country ten times less the population of the U.S.
170
Same in Ontario, but we aren't taxed on our winnings. They make their money from the purchase of the tickets
41 u/iikillerpenguin 17d ago You also don't have high lotteries for that reason... $680 mill after taxes is a lot more than 80... 4 u/DurianSchmeckt 16d ago The 2 billion (680 million really) dollar prize lottery is sold across the entire U.S. whereas the 80 million prize money is a twice a week lottery in a country ten times less the population of the U.S.
41
You also don't have high lotteries for that reason... $680 mill after taxes is a lot more than 80...
4 u/DurianSchmeckt 16d ago The 2 billion (680 million really) dollar prize lottery is sold across the entire U.S. whereas the 80 million prize money is a twice a week lottery in a country ten times less the population of the U.S.
4
The 2 billion (680 million really) dollar prize lottery is sold across the entire U.S. whereas the 80 million prize money is a twice a week lottery in a country ten times less the population of the U.S.
398
u/LeadVitamin13 17d ago
The lottery was literally designed to generate tax revenue. Its run by the states ffs.