r/memes • • 20h ago

The lotto is stupid enough. Stop screwing people over.

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6.4k Upvotes

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u/happy-otter 6h ago

You get money for basically doing nothing except just being somewhat stupid and really lucky. Why should that income not be taxed if income from honest work is?

8

u/Greedy-Thought6188 6h ago

It's like the person doesn't understand economic incentives. This is stupid and we shouldn't do it, so let's remove taxes from it increasing more incentive to do it.

4

u/Sufficient-Clue4686 4h ago

Many places dont apply income tax to lottery winnings because they arent income.

The lottery is already a tax, because the winnings always make up less than the payouts. If your government runs a lottery and taxes winnings, they're actually taxing you twice.

1

u/Russian-8ias Dirt Is Beautiful 2h ago

Because the government is already making money before they tax the winnings. Why should they get a second cut?