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Lotterule (lemmy.world)

submitted 6 days ago by nifty@lemmy.world to c/196@lemmy.blahaj.zone

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[–] pumpkinseedoil@mander.xyz 11 points 6 days ago (3 children)

That's insane. In Europe when you'd win 1 billion € you get 1 billion €, no taxes, no lump sum reward.

[–] UnderpantsWeevil@lemmy.world 8 points 6 days ago

Its a moot point because you're never going to win the lottery.

[–] Kaput@lemmy.world 4 points 6 days ago

Are the lotteries state owned? In Quebec, that's why lotteries is not taxed. State lottery is a voluntary taxes in a itself

[–] Trainguyrom@reddthat.com 4 points 6 days ago

Lotteries historically were setup as a fundraising efforts by governments, hence taxing lottery winnings