Quote:
Originally Posted by svandamme
you have to pay taxes on gambling ??
here in europe that would be tax free
I thought America was freeer then anybody else?
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I was surprised by that too.
Here in NZ if you win it, it's yours. However if you give away some of it the person receiving it will have to pay tax on it. But if you write on the lotto ticket something social club, where a bunch of people have "bought in" to the ticket, everyone can have a tax free share of the winnings.