Quote:
Originally Posted by Burninator
Except in Canada our government is fair and doesn't jack you up for your lottery winnings.
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True...but can't people write off some of their losses? That may be wrong but I thought thats how it works, in Canada you don't pay any taxes but you cannot right off any amount used. In the US I thought you can write off a certain amount.
Such as...in the US, cannot you not write off a home lotto ticket? If you win then you have to pay taxes.
Does anybody know for sure?