|Jokes, Polls & Anything Else / 5:30 PM - Tuesday October 18, 2011|
Please explain the Publishers Clearinghouse...
We watched a show last night called, 'How the Lottery changed my life' and they showed a black woman that won. She was married to a white guy. I'm only saying this to better describe the storyline- I'm not prejudiced. But she won The Pub Clearinghouse for 1 Million Dollars. It went on to say that 'After Taxes & FEES' her winnings were $250g. WTF??? Taxes & Fees ate up 75% of her winnings??? I would be SO pissed off... That's bullshit.
- Asked by 1carpediem1, A Life of the Party, Male, 36-45, Pittsburgh, Financial / Banking
The really annoying thing about the taxes is that if a multi-millionaire won that same lottery he would have paid capital gains tax instead of income tax at a much lower rate.
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