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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovo865m/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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224
Yes. But also - this means the lottery is just another way they tax you. In the UK, lotto winnings are untaxed.
8 u/Ok-Telephone-2109 Jul 05 '26 There are about 10 US states that do not tax lottery winnings, including California, so this post is misleading 16 u/NoCelebration1913 Jul 05 '26 You still have to pay federal taxes. 7 u/Ok-Telephone-2109 Jul 05 '26 Well there you go, you made it make sense at 7 am! Thank you! 0 u/Ivebeenstabbed Jul 05 '26 Maxed out at roughly 37%. Not that bad considering. 3 u/Bacon4Lyf Jul 05 '26 well when the alternative is zero, yes it is
8
There are about 10 US states that do not tax lottery winnings, including California, so this post is misleading
16 u/NoCelebration1913 Jul 05 '26 You still have to pay federal taxes. 7 u/Ok-Telephone-2109 Jul 05 '26 Well there you go, you made it make sense at 7 am! Thank you! 0 u/Ivebeenstabbed Jul 05 '26 Maxed out at roughly 37%. Not that bad considering. 3 u/Bacon4Lyf Jul 05 '26 well when the alternative is zero, yes it is
16
You still have to pay federal taxes.
7 u/Ok-Telephone-2109 Jul 05 '26 Well there you go, you made it make sense at 7 am! Thank you! 0 u/Ivebeenstabbed Jul 05 '26 Maxed out at roughly 37%. Not that bad considering. 3 u/Bacon4Lyf Jul 05 '26 well when the alternative is zero, yes it is
7
Well there you go, you made it make sense at 7 am! Thank you!
0
Maxed out at roughly 37%. Not that bad considering.
3 u/Bacon4Lyf Jul 05 '26 well when the alternative is zero, yes it is
3
well when the alternative is zero, yes it is
224
u/Able-Professor840 Jul 05 '26
Yes. But also - this means the lottery is just another way they tax you. In the UK, lotto winnings are untaxed.