I've always wondered about that aspect of US law. If lottery winnings are taxed,... | Hacker News

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		planetguy on May 7, 2012 \| parent \| context \| favorite \| on: I am a statistician and I buy lottery tickets I've always wondered about that aspect of US law. If lottery winnings are taxed, does that mean lottery tickets are tax-deductible?

dhugiaskmak on May 7, 2012 [–]

You can deduct gambling losses up to the amount of gambling winnings (if any), yes.

galfarragem on May 7, 2012 | [–]

In Portuguese stockmarket, if you have 1 winner stock and dozens of looser stocks, you still pay tax from the winner one..

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