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Lottery ticket costs are deductible, but only up to the amount of your lottery winnings. E.g., if you bought 1000 $1 tickets and won $12000, you could deduct $1
by tzs 2y ago
Lottery ticket costs are deductible, but only up to the amount of your lottery winnings. E.g., if you bought 1000 $1 tickets and won $12000, you could deduct $1000.
- aurizon 2y agobut most are losers = unsymmetrical = it should be fully deductible as it is made with the object of making money