Jamaica Changed Lottery Plan

"The Jamaican government yesterday announced a $15,000 threshold for winning the lottery before a 15% tax was applied, confirming Sunday's lead story in the Observer.

"In a post-cabinet press conference at Jamaica House, Treasury Secretary Omar Davis acknowledged that the decision to tax the winning bid has fueled underground games, while sales of the popular game 'Cashpot' run by Supreme Ventures have fallen.

Davis said, "Cashpot sales, which earned $970 million in August this year before the Sept. 1 tax, fell to $508 million during the month of October, and illegal betting operators appear to have raked in the difference. 바카라사이트

"…The $15,000 threshold was immediately welcomed by Supreme Ventures, but the company said it wanted to consult with the minister before implementing an alternative to taxing the winnings, which could hurt both the government and lottery companies…."[]'

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