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Daily Archives: May 18, 2022

Taxes on Winning the Lotto

Lotteries were originally used by the Continental Congress to fund their Colonial Army and raise money for various public projects. Alexander Hamilton, who was the first President of the United States, argued that it was the simple concept of lotteries that attracted people to participate. He noted that people were willing to risk small sums …

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Posted byciudadpanama500May 18, 2022Posted inGambling Blog

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