Why playing the Euromillions lottery is a waste of time

@jonnythan Said

That's because that lottery is run by the government itself.

@jonnythan Said

Note that the taxes you pay are FEDERAL taxes.

For example, the Florida Lottery just gives you the money. The state of Florida doesn't take any of it back as taxes.

However, Florida doesn't get to override the federal government. As far as the Feds are concerned, they don't really care who gave you the money - it's subject to federal taxes.

@jonnythan Said

Note that the taxes you pay are FEDERAL taxes.

For example, the Florida Lottery just gives you the money. The state of Florida doesn't take any of it back as taxes.

However, Florida doesn't get to override the federal government. As far as the Feds are concerned, they don't really care who gave you the money - it's subject to federal taxes.