Post
Topic
Board Gambling discussion
Re: Another insane win!! $ 1B mega million jackpot
by
khaled0111
on 24/01/2021, 13:55:19 UTC
So the jackpot winner is going to receive less than 40% of the claimed amount in his bank account after all the deductions.
A deduction by more than 60% is a robbery not taxation, imo. If lottery tickets are subject to sales tax then the winnings should be tax free
And I used to think the 25% my country imposes on lottery winnings was unfair!.

Still, ~$400 million is a huge amount of money so congratulation to the winner, whoever he is.