How a $77 Million Lottery Jackpot is Taxed
Рет қаралды 11,075
2 жыл бұрын
@michaelcorola8420 10 ай бұрын
Loser: I WIN THE LOTTERY YEAH! Uncle Sam: *We won
@sequomorrow3858 3 ай бұрын
Did I ask you Sam no screw off sam
@TheAcer925 9 ай бұрын
How greedy the TAXMAN in America to take half of his winning without breaking a sweat. They should be ashamed of themselves.
@vanderloughty4554 4 ай бұрын
The IRS is the real winner of the lottery.
@psmith9375 Жыл бұрын
Wtf? There has gotta be a loop hole some way somehow.
@ChadPavelcpa 11 ай бұрын
Many ways to reduce the tax. But the tax man always gets a cut.
@bencruz3805 9 ай бұрын
Could theoretically have a side business with a paper loss of 77 million dollars a year to negate the gain, but that’s just asking for jail time lmao
@alejmc 9 ай бұрын
The government wins every single one of the jackpots
@realpeoplereallife3626 Ай бұрын
Is that every year or?
@CB-ht9ow 10 ай бұрын
Would I have to pay 37% every year until all the winnings are gone?
@benv4530 9 ай бұрын
No. You are only taxed once
@LarsVonTrier2007 2 ай бұрын
One time, but if eventually you generate income from interest or dividends from your money, you need to pay taxes.
@ianberry5879 10 ай бұрын
113mil, they already withhold a significant portion of it if you take the lump sum, that's where the 77 million comes from, so why are they taking an additional 37%?I mean nevermind the fact that the 16th amendment was never legally ratified and the law literally does not exist.
@MVoluptuous40 6 ай бұрын
It’s different taxes when you claim with a Trust or Holding company
@BritoWorx 4 ай бұрын
And then you have to pay more taxes on that $40 million when you do your taxes. Since it’s earned income. Or am I incorrect?
@nick.charaz9661 Жыл бұрын
Yearly tax ? What if the money is out into a trust?
@ChadPavelcpa Жыл бұрын
Depends on type of trust and how you collected the earnings.
@1_South_Business_Services 9 ай бұрын
😂😂😂😂😂
@Nuggetcute0939 4 ай бұрын
😢😢😢😢😢😢😢😢😢
@shareefmahboob6767 9 ай бұрын
Ok
@ZarakiKempachi 10 ай бұрын
Why do people think they can keep it and not pay taxes? YOU PAY YOUR TAXES PEOPLE!!
The Guardian
Рет қаралды 367 М.
CBS New York
Рет қаралды 2,5 МЛН
60 Minutes Australia
Рет қаралды 2,1 МЛН