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Topic | The Most you can Win in the CANADIAN LOTTERY is 60 MILLION but it's TAX FREE!!! |
Zeus 06/11/18 1:19:16 AM #4: | mrduckbear posted... In Canada's most played lottery game called "Lotto Max", the most you can ever win is 60 MILLION...and like most lotto corporations down south, But the USA is in the North! #NorthAmerica mrduckbear posted... however, the difference is in the United States, it ISN'T tax free and should you win the daily double, you will be subjected to the highest tax bracket...but in Canada, it's tax free and you won't be taxed at the highest rate even though you're now a multi millionaire... That sounds like a kinda awful system, but I guess it cuts down on people wasting money on lotto tickets. MICHALECOLE posted... Only 60 million? It's even worse than that, tbh -- it's CAD. That means it's around $45m USD. Lokarin posted... Well, our WCLC has slightly different rules, but that's mostly accurate Is it less popular as a result? --- (\/)(\/)|-| There are precious few at ease / With moral ambiguities / So we act as though they don't exist. ... Copied to Clipboard! |
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