The reason I thought so is because Canadians like to drive over the border and buy tickets when the prize gets high enough so the question is asked: What are the taxes on the winnings? My understanding was that in the US, the prize itself is tax free but obviously earnings from it are taxes while in Canada it's considered income so it's taxed. But you missed the point: the scandal is that the state shows up and grabs over 50% of the winnings. That's theft.
One of the most persistent & dogged Schnorrers, if he hasn’t retired yet, the personal Schnorrer of Duvidl Twersky fin Skver. It’s a whole shpiel with a sidekick who pulls out a Scroll for you to sign yourself away. The Scroll looks like the one the Town Crier used about 800 years ago to announce Hear Yea Hear Yea that the Crown put a bounty on the head of Robin Longstride of the Hood
The real scandal is that the state took >50% of the winnings. I thought lottery winnings in the US were tax free.
ReplyDeleteObviously you thought wrong so it's not a scandal
DeleteThe reason I thought so is because Canadians like to drive over the border and buy tickets when the prize gets high enough so the question is asked: What are the taxes on the winnings? My understanding was that in the US, the prize itself is tax free but obviously earnings from it are taxes while in Canada it's considered income so it's taxed.
DeleteBut you missed the point: the scandal is that the state shows up and grabs over 50% of the winnings. That's theft.
One of the most persistent & dogged Schnorrers, if he hasn’t retired yet, the personal Schnorrer of Duvidl Twersky fin Skver. It’s a whole shpiel with a sidekick who pulls out a Scroll for you to sign yourself away. The Scroll looks like the one the Town Crier used about 800 years ago to announce Hear Yea Hear Yea that the Crown put a bounty on the head of Robin Longstride of the Hood
ReplyDelete