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Tax Charge on Idiots

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Have any of you paid your idiot tax?

 

For all the dreamers out there, the big headline figure for tonight's jackpot is £184 million (although for the accountants out there, the chance of winning this jackpot is 1 in 139,838,160).

 

I suppose those are still better odds than MTD for income tax being a success though.

Replies (10)

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By ireallyshouldknowthisbut
15th Oct 2021 10:19

If HMRC win it, it wouldn't even pay for MTD they are spaffing that much cash on the thing.

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By pauld
15th Oct 2021 10:46

You've got to be in it to win it....................

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By AndyC555
15th Oct 2021 10:57

I don't play with the expectation of winning, I play so that I can dream about winning. A few quid is a cheap price to pay for a few days of dreaming.

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Replying to AndyC555:
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By Hugo Fair
15th Oct 2021 12:29

Same logic that my wife used to claim when justifying her annual bet (Grand National) ... and with the same (zero) winnings!
But compared to what some people waste their money on ...

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By Mr Hankey
15th Oct 2021 11:33

I hadn't thought of it like that, but an excellent point!

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By Mr Hankey
15th Oct 2021 11:34

Sorry duplicate.

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By I'msorryIhaven'taclue
15th Oct 2021 13:37

Mr Hankey wrote:

For all the dreamers out there, the big headline figure for tonight's jackpot is £184 million (although for the accountants out there, the chance of winning this jackpot is 1 in 139,838,160).

So a statistician would buy a ticket @ £1 but not @ £2.50

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By Hugh Simpson
15th Oct 2021 21:43

50:50 odds?
You either win it or you don't.

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By AdamMurphy
16th Oct 2021 14:50

Well the person from France isn't feeling like an idiot right now.....

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By Michael Davies
19th Oct 2021 10:29

I prefer Set for Life.£10k a month tax free for 30 years,looks ok to me.For old times sake I still punt on the normal Saturday lottery.A lot of my mates disagree ,but I really wouldn’t want to win £100 mill plus and disagree with these sort of amounts being jackpot prizes.I think £20 mill would be about right for me.£20 mill wouldn’t kill me;£100 mill certainly would.
I guess I spend about £5 a week on the lottery.Over all the years I have only had two £80 wins,with regular rollover ticket wins.I dread to think how much I have spent since it started.I don’t gamble generally unless I am actually at the track,and then I set a low limit.I also do Sue Ryder,no wins.But did just about break even on the Postcode lottery,which is a bit bizarre.

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