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Old 02-10-2012, 01:02   #16
Boeing Guy
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Re: Lottery Winnings

Quote:
Originally Posted by egg&chips View Post
I think the lottery winnings should be taxed over a certain amount like in betting shop winnings on untaxed wagers.

By the way does anyone else object to the way the BBC gives a free advert to the profit making organisation Camelot??- sorry if it veers from the original post.
Interesting comment, so how much percentage would you tax and at what point would it kick in?
Bear in mind that 0.12 pence of every ticket is duty paid direct to the Government.
Yes Camelot are a profit making company, they make 1/2 pence per ticket sold.
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