Idiot Tax

A voluntary tax levied on people who don't understand probability. It usually takes the form of lottery tickets.

Jim went to 7-11. While he was there, he paid the idiot tax.

by Grant to the B February 20, 2008

Idiot Tax

A voluntary tax that is quite popular, usually used for education. The Idiot Tax may be paid in $1, $2, $5 or $10 increments but combinations are possible. The greater the idiot one is, the greater the tax one pays. Idiot Tax receipts can be scratch-off or have a combination of numbers. Also known as the lottery.

There are poeple who come into the store who pay $50-60/week in Idiot Tax.

by Grand Admiral Thrawn December 30, 2004

Idiot Tax

A self-imposed tax that frequently occurs following the consumption of copious amount of alcohol. Typically levied by way of penalties, fines, additional costs for replacement travel and the like.

I hear you missed your flight because you were piss drunk.

Yeah. The Idiot Tax on that one was pretty high. The replacement flight home cost me 3 times as much as the original one !

by Barr Man June 05, 2009

Idiot tax

The price you pay for making a dumb or avoidable mistake

Me: Why are flowers so expensive on Valentine's?
You: Well, you didn't buy them BEFORE the Valentine's day rush, so you have to pay the idiot tax

by ___effe February 08, 2018

idiot tax rebate

An unexpected windfall that makes you feel really excited and happy - as long as you don't think about how much idiot tax you paid in the first place.

Me: Hooray! Hoorah! I've won ten quid on the lottery!

Wife: Yeah, but you buy two tickets a week, so over the last year you've wasted over a hundred quid. This is just an idiot tax rebate.

by jwgrooves January 27, 2011