Apparently 2 winning euro lottery tickets were bought in Britain. Each winning £45 million!!!!! What would you buy with that sort of money?

Not too much, after the UK takes around 90% of it in income taxes.

I think I'd buy a one-way ticket to the USA, respectfully, where the income taxes are not "outrageous."

+5

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There are no taxes paid on lottery winnings Mensan over here ,,,,,you cop for the lot ,,,is that not the same in the US ??
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by nice jugs on November 7th, 2009
Respectively if I won any of the aforementioned above, I would insist that Mensan is my chaperone in LAS VEGAS! As apart from Roulette/Euromillions/National Lottery I am a gambling virgin! +5

Just paid up my Euromillions until Christmas tonight!

BUT I AINT DOING IT NAKED, BUT NJ WOULD LOL!
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by Gone on November 7th, 2009
Thanks for the reminder, Nice Jugs. In the USA, lottery winnings are taxable income, unfortunately.
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That's the same situation in Canada, also. Lottery winnings are not taxable there, and I don't believe they are taxable in Australia, either. (I won AU$1,000 there in 1991, on an instant "Scratch & Win" card.)
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But I would still move to the USA, because the taxes on the income from the investment dividends on the winnings are indeed taxable, and much too high.
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Thanks for the points, everyone.
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by Anonymous on November 8th, 2009

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Apparently 2 winning euro lottery tickets were bought in Britain. Each winning £45 million!!!!! What would you buy with that sort of money?

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