A New Jersey company called Rook TX exploited lax regulations to buy millions of lottery tickets, winning a $95 million jackpot and prompting Texas Lottery Commission reforms.
Find a big(trillions) finance firm to move your money into tax differed assets. They’ll move the money around so it doesn’t get taxed and provide ways to access however much money you need right now. Probably loans against whatever assets you bought.
not american, but i believe this only applies if you pay less income tax in the country you’re working in than what the US would tax, and given the US income tax is relatively low compared to the rest of the world it rarely actually kicks in
and, it actually kinda makes sense IMO - the US is one of the most global countries in the world: as a US citizen you benefit (???) from the USes extensive international presence (eg if you’re held for ransom in a developing country, or in danger the US state department or military could intervene and probably do the most out of any country) even if you’re not in the country… and all that costs money, so it kinda makes some amount of sense
Taxes.
…Which the rest of the world understands well. So why don’t you?
In germany the lottery is state owned and the tax is applied before money is added to the jackpot. So if the jackpot is 50mil you get 50mil
Yeah getting taxed on winnings is fucking insane, and they just say “it is what it is”
Is there any way they don’t get fucked in the arse every time they get money 😂
Find a big(trillions) finance firm to move your money into tax differed assets. They’ll move the money around so it doesn’t get taxed and provide ways to access however much money you need right now. Probably loans against whatever assets you bought.
American here. That money gets taxed when you buy your number, and when you collect any winnings lol
No sales tax on the ticket in Texas at least
Well that’s good lol.
I don’t understand being taxed on winnings, to be honest
But yous get taxed on working abroad 😂😂
not american, but i believe this only applies if you pay less income tax in the country you’re working in than what the US would tax, and given the US income tax is relatively low compared to the rest of the world it rarely actually kicks in
and, it actually kinda makes sense IMO - the US is one of the most global countries in the world: as a US citizen you benefit (???) from the USes extensive international presence (eg if you’re held for ransom in a developing country, or in danger the US state department or military could intervene and probably do the most out of any country) even if you’re not in the country… and all that costs money, so it kinda makes some amount of sense