Capt Caveman
Lifer
- Jan 30, 2005
- 34,547
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As I understand it, lotteries and gaming are privately run in the US. So the tax is how the government makes money off them. In Canada, winnings aren't taxed because lotteries and gaming are run by government agencies. They already get 100% of the profits. About the only thing we aren't taxed on come to think of it. Gaming has become a huge cash cow. Too bad your average folk like me rarely see the benefits.
Incorrect.