What Are the Odds: Why the Taxman Really Wins The Lottery

By |January 3rd, 2019|Categories: Personal Finance Tips|Tags: , |

There is one American tax that Americans seems to have no gripes about voluntarily paying – the lottery. In fact, Americans shelled out about $80 billion to play their luck in 2016. They are really playing with luck in this sense. Owing to some official rule changes enacted in 2015, it is now statistically harder to win a jackpot lottery.