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Ghost wrote:
Our lottery pays out tax free and in a lump sum. None of this pay you over 20 years crap. You win $93m you get $93m. Who runs your lottery, some sort of organized crime syndicate? Because, I can't believe that a governmental agency would run one as you describe. Canada.. does not charge any tax on lottery winnings.. on interest earned, but not on amount won. Current 6-49 national Lottery is currently up to around $30 million and the winner will get a cheque for all of it. Yeah but what is that in real money? ;-) |
#2
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In ,
Darrel Toepfer typed: Ghost wrote: Our lottery pays out tax free and in a lump sum. None of this pay you over 20 years crap. You win $93m you get $93m. Who runs your lottery, some sort of organized crime syndicate? Because, I can't believe that a governmental agency would run one as you describe. Canada.. does not charge any tax on lottery winnings.. on interest earned, but not on amount won. Current 6-49 national Lottery is currently up to around $30 million and the winner will get a cheque for all of it. Yeah but what is that in real money? ;-) I assume you are referring to US Dllars, or Euros?. Yen.. etc.. in any event these days about .85 cents US, but then we still get to keep it all, not turn over 50% to the govt, or wait 20 yrs to collect, while still paying taxes.. I'll take our way.. [g] Might be less, but it's all mine, and I can spend it now.. assuming one wins, of course [g] -- ---------------------------------------------------------------- Thou shalt not weigh more than thy refrigerator. |
#3
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Ghost wrote:
Might be less, but it's all mine, and I can spend it now.. assuming one wins, of course [g] That's the hard part. ;o) Tony |
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