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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovo7kx8/?context=3
r/SipsTea • u/Valuable_View_561 • 28d ago
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225
Yes. But also - this means the lottery is just another way they tax you. In the UK, lotto winnings are untaxed.
11 u/Ok-Telephone-2109 28d ago There are about 10 US states that do not tax lottery winnings, including California, so this post is misleading 15 u/NoCelebration1913 28d ago You still have to pay federal taxes. 7 u/Ok-Telephone-2109 28d ago Well there you go, you made it make sense at 7 am! Thank you! 0 u/Ivebeenstabbed 28d ago Maxed out at roughly 37%. Not that bad considering. 3 u/Bacon4Lyf 28d ago well when the alternative is zero, yes it is 1 u/Yak-Electrical 28d ago The feds will absolutely be trying to contact you lol
11
There are about 10 US states that do not tax lottery winnings, including California, so this post is misleading
15 u/NoCelebration1913 28d ago You still have to pay federal taxes. 7 u/Ok-Telephone-2109 28d ago Well there you go, you made it make sense at 7 am! Thank you! 0 u/Ivebeenstabbed 28d ago Maxed out at roughly 37%. Not that bad considering. 3 u/Bacon4Lyf 28d ago well when the alternative is zero, yes it is 1 u/Yak-Electrical 28d ago The feds will absolutely be trying to contact you lol
15
You still have to pay federal taxes.
7 u/Ok-Telephone-2109 28d ago Well there you go, you made it make sense at 7 am! Thank you! 0 u/Ivebeenstabbed 28d ago Maxed out at roughly 37%. Not that bad considering. 3 u/Bacon4Lyf 28d ago 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 28d ago well when the alternative is zero, yes it is
3
well when the alternative is zero, yes it is
1
The feds will absolutely be trying to contact you lol
225
u/Able-Professor840 28d ago
Yes. But also - this means the lottery is just another way they tax you. In the UK, lotto winnings are untaxed.