- NEW!
by Anonymous on November 7th, 2009
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
by anguilla on November 7th, 2009
Scotland
by Gene H on November 7th, 2009
Yen!
by Cyanotic Wasp on November 7th, 2009
Lottery tickets seem like a good buy. I'd buy more of them.
by philosopher-saint on November 7th, 2009
Good tidings for all!
;-)
by Gone on November 7th, 2009
Firstly I would see an ex bosses accountant for sound financial advice. Then help out out all the people I know who have been hit by the failing economy and clear friends debts and gift family and people close to me. Those people hit by the worry of retirement, I know many I would secure their pension fund as best I can. Then set up some good walk in centres within my area to improve peoples lives. Once I had done all the above I would visit all the places in the world I would like to go. When I was done with that I would come back and continue work in the community - at the end of the day I need a purpose in life and that would fulfil me. 1 million would change my life no end - why would I need the rest just for me?
+5
by philosopher on November 7th, 2009
When I win I am going to create more appropriate programs for Autistic people. Finance more research.
by HoboJoe on November 7th, 2009
I'll buy a house in Monaco. And retire. Maybe play a little poker here and there.
Can out-of-state players win the lottery?
by Answerbag Staff on March 15th, 2011
| 1 person likes this
Who do you think is the real owner of this lotto winnings?
Any opinions?
by Beanss... on August 24th, 2011
| 1 person likes this
What is the highest federal tax rate applied to lottery winnings?
by Answerbag Staff on July 14th, 2010
| 1 person likes this
Do I have to pay taxes on a lottery win if I am over 70?
by Answerbag Staff on June 1st, 2010
| 1 person likes this
Anybody here won the $5,000 a week for life game?
by Mr.Bean Mime on July 17th, 2011
| 3 people like this
You're reading 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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Comments
There are no taxes paid on lottery winnings Mensan over here ,,,,,you cop for the lot ,,,is that not the same in the US ??
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!
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.
by Anonymous on November 8th, 2009