I live in Florida and I am going to win 700 million dollars today, and I am going to help the homeless in my community, and I am going after FPL for monopoly on electricity and I am going to shutdown their exploration on the people of Florida. I am coming for you, FPL!
With the lump sum, you don't even get 50%. You actually get 40% to 42%. THEN you pay taxes on top of that. Winnings lump sum is more likely 20-25% of the advertised jackpot.
25 million with a smart financial advisor and lawyer will be plenty for me to take care of my family and myself for many generations so Iβll take my 50 mil upfront and pay off taxes to my state and Federal.
You assume only people in the US playing Lotto…? In other countries the winning is taxfree or only 5%… only in the US Governments want to steal it…πππ
Its an illusion! Just within a single year the average American wastes roughly $320.00 on the lottery. Over a 60 year period that's $19,200 wasted! That's just the average American! Our people literally become slaves for money and the dream of one day living a better life. Our own loved ones willingly allow the lottery and the government to rob them of their hard earned money. My entire family here in Louisiana is Christian too! But it doesnt prevent them from gambling. Because they all gamble! Even my parents who are wealthy still gamble weekly! It's absolute madness I tell yah! I personally have only gambled once on the steamboat casino in Shreveport Louisiana. I probably wasted $40 on a slot machine and I said fu$% this! Their not taking my money!
In Brasil we have one of the highest amount of tax of the world, but we receive the full promised prize, cause the thieves, uh, the government, takes their part before the announced amount of money! Tim, I can't wait for my interviewπ
@TheGrahamStephanShow
Check Out The Full Video Here: https://youtu.be/Ywkhs4gnpsg
@Bailey-k2j
Then you get taxed on everything you buy with your winnings. π€£
@StKing-d9u
As a united states citizen. Hearing about the other countries. Lottery not taxed. What should that tell you about U.S..π€¬
@JamesRyqn
You shouldn't have to pay tax in the lottery
@KimCedar
28 million in 1999 with the right investment team billionaire by 2025 just saying investing
@JackpotWhisperer
Who is from August 2025? your massive win is coming
@autogeek23
Many countries don't tax lotto winners.
@bornnlouisiana
He said I WON….Which mean he won that amount, but we all know living here in America he didn't get that amount….
@LBINLONDON2010
Still that is the kind of money I didnβt have before so still win win for meβ€
@SH1V3N
In South Africa all winnings aren't taxed
@kristijankuzman9532
Taxes arent the problem the problem is winning the lottery at all!!ππ
@Shaunsweeney-Kubach71
I live in Florida and I am going to win 700 million dollars today, and I am going to help the homeless in my community, and I am going after FPL for monopoly on electricity and I am going to shutdown their exploration on the people of Florida. I am coming for you, FPL!
@OutsideKid1990
IRS needs to investigate the IRS
@fishingstix610
From zero dollars to 25 million is still a win
@thomasmedeiros7781
And ….. America still a beautiful and DREAM to be……yeah only when you sleeping.
@WillEatsPlants
We Americans need to do better
@markbrown6066
That was a long time ago. I bet he's still a millionaire.
@odditiesparanormalmysterie1723
With the lump sum, you don't even get 50%. You actually get 40% to 42%. THEN you pay taxes on top of that. Winnings lump sum is more likely 20-25% of the advertised jackpot.
@jjjones-e5r
No one in the country pay 75% like this video wants you to think.
@tommurray7675
And that's $24,899,000 more than I currently have π
@yournotdatguypal
25 million with a smart financial advisor and lawyer will be plenty for me to take care of my family and myself for many generations so Iβll take my 50 mil upfront and pay off taxes to my state and Federal.
@gloriag8272
Which is ridiculous bc you buy the ticket with already taxed dollars.
@CASHOUTS82
They need to fix this problem not fair at all
@norbi1au
You assume only people in the US playing Lotto…? In other countries the winning is taxfree or only 5%… only in the US Governments want to steal it…πππ
@Infantryvet156th
Its an illusion! Just within a single year the average American wastes roughly $320.00 on the lottery. Over a 60 year period that's $19,200 wasted! That's just the average American! Our people literally become slaves for money and the dream of one day living a better life. Our own loved ones willingly allow the lottery and the government to rob them of their hard earned money. My entire family here in Louisiana is Christian too! But it doesnt prevent them from gambling. Because they all gamble! Even my parents who are wealthy still gamble weekly! It's absolute madness I tell yah! I personally have only gambled once on the steamboat casino in Shreveport Louisiana. I probably wasted $40 on a slot machine and I said fu$% this! Their not taking my money!
@andybarker8787
Yeah, in America. Win the lottery anywhere else and itβs just winning the lottery because you won the tax lottery not living in America already.
@ROONEYSTARZ
Gotta love canadaβ€. If u win 80 million u get to take home 80 million dollars.
@MauricioRamcerva
Create asap an NGO and make the lottery commission to pay directly to your own NGO
@rio-yk9ts
7 mil
@karieamel
25.000.000 still sounds a dream
@paulafernandes3225
In Brasil we have one of the highest amount of tax of the world, but we receive the full promised prize, cause the thieves, uh, the government, takes their part before the announced amount of money! Tim, I can't wait for my interviewπ
@HeiPaw-kj9st
Amen πποΈπβοΈπ
@tuber358
Not in Canada! What win we get all of it tax free!
@culturediscoverytv
Thx God I live in Canada and we don't pay taxes in lottery winning. But first I need to win π
@MerlinMoorlo
In US u get only 25% of the amount of jackpot.
@kactapuzzle
In the UK you win it all – itβs not taxed – and you can remain anonymous if you want
@garesabdelkader
β€β€β€
@dr.Wario.1981
Thats bogus man. You pay a tax summ only once or its calculated into a spread over 27 years. π₯
@FaithVisionnn
21 years only??? π²π² amazing!!!
@Allenmarshall
$2 million would do it.
The rest is goofy time funds and charity money.
@Resilience1239
Nice to be Canadian, No taxes on lottery winnings, you get the whole sum.