• Mr_Blott@feddit.uk
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      28 days ago

      How the fuck can you win 96 million on a lottery and only receive 57 mil?

      Is that a Freedom©®™ thing the rest of us wouldn’t understand? 😂

      • Mac@mander.xyz
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        28 days ago

        Taxes.
        …Which the rest of the world understands well. So why don’t you?

        • groet@feddit.org
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          28 days ago

          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

          • Mr_Blott@feddit.uk
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            28 days ago

            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 😂

            • baldingpudenda@lemmy.world
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              28 days ago

              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.

        • Mr_Blott@feddit.uk
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          28 days ago

          I don’t understand being taxed on winnings, to be honest

          But yous get taxed on working abroad 😂😂

          • Pup Biru@aussie.zone
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            28 days ago

            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

      • psud@aussie.zone
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        28 days ago

        You have a choice: get 57M or get an annuity that costs 57M and pays out 96M over two decades

        If you took the 57 million and invested it in an index fund you would probably do better than 96M over the same timespan, though you would probably be taxed more and have to be responsible enough to not spend the money instead

  • HubertManne@moist.catsweat.com
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    27 days ago

    Everyone realizes the risk is that if someone else wins you get half the pot and if three people do you get 1/3rd and so forth. Large lotteries tend to have large sales and are more likely to have split winnings.