/biz/ - Business & Finance

>>49758643
nah, if you win the jackpot, the government will tax you and the amount you still owe in healthcare.

>>49758684
LOL USA
We keep it all in Europe

>>49758643
Midwit take

>>49758643
>No difference
So if I buy a losing lottery ticket, I can wait out the loss and possibly one day get my money back or even gain?
Oh you're a moron, got it.

>>49758747
Not even midwit, but brainlet. Shit, even brainlets like me understand what asymmetric-betting is.

>>49758779
>I can wait out the loss and possibly one day get my money back
Yes actually. If you keep all your losing tickets you can write them off as a business expense as a professional gambler and when you hit the jackpot those loses can be used to reduce the tax you pay on your winnings.

>>49758643
I have unironically been plowing money into euromillions lottery tickets instead of crypto for the past few months. At a loss but better returns than if I bought and hold btc

>>49758684
>paying taxes on gambling winnings
"land of the free" kek. In the UK you actually get to keep what you win

>>49758747
this

convincing other people to pile into lottery tickets doesn't help me
convincing other people to pile into crypto gave me exit liquidity

>>49758838
I did that today for the mega draw euro millions. Man I love dreaming of not being a peasant. Although lottery really is poor man's tax

>>49758643
My gf will buy like 30 of the $1 tickets and play a couple at a time when she's bored

>>49758891
same. it rolled over though so its 122M pounds (I think 150M euros) on Tuesday so Im doubling down

>>49758891
also to your second point when its a big draw like today I spend hours looking at houses, cars and holidays online lmao that alone is worth the ticket

>>49758643
lottery is stupidity tax for stupid people

>>49758643
what the fuck are you talking about anon. In crypto you research projects, like Polygon, who have multiple ZK rollups and solutions and continue to build and improve. If you're to retarded to do that, then yes sure buy a lottery ticket.

>>49759326
>researches crypto projects
>cant figure out they are literally ALL just ponzi schemes
were you dropped on your head as a child?

>>49758720
>>49758862
It's pre-taxed in europe lol

>>49758643
There's actually a big difference. Lotto tickets are legally required to pay out for a portion of customers. Crypto is not obligated to make money for anyone.

>>49758838
>>49758891
>>49758932
>>49758954
over here we call it a stupidity tax. ironic coming from a burger, innit GoVnAh?

>>49758643
This but with insurance policies. I don't have any insurance. Literally a tax on stupid people

>>49758643
I bought a $5 one and made $50
It'd basically the same as the BSC casino an easy 10x


Idk why I invested $10k in crypto that's worth $30 right now I should've just bought tickets

The trick is to always buy 2-3 of the same one because you will always win and usually make your money back


Also go to different places don't just go to the same store

>>49759326

op is obviously a zoomer looking for a good crypto argument to keep his step dad from making fun of him. nobody under the age of 50 is retarded enough to believe crypto is as useless as a lottery.

Good OP, there's a 200 mil prize jackpot today and I'm going to bet.

>>49758643
the lottery isn't earning me $1200 a month. It's not the same and you're a retard. Have a nice day.

>>49759606
And post taxed indirectly. Well, that's universal... the state eventually taxes it all back. They become big spenders, run the cash through the wringer of sales and luxury and property tax.
Regardless, the point of lottery is how much it contributes to the economic productivity of a nation. Just look at how much it increases GDP, it must be productive!

>>49758954
same I was looking at an island close by epstein island for sale today and a vintage car