The current in each wire will be determined by the load, i.e., the wattage rating of the bulbs on the wire, and not the 75A rating of the transformer. The major problem with low voltage wiring is that the runs are usually long and there can be a substantial voltage drop along the wire if the wire isn't big enough - then the bulbs don't provide the light level you expect.
As an example of the problem, PAR 36 landscape bulbs are rated 36 Watts at 12 Volts, thus drawing 3 Amps at that voltage. But a bulb of the same wattage rating designed for 120 Volts would only draw 0.3 Amps. If you determine that the the bulbs will work satisfactorally with no more than a 10% decrease in voltage, then (and this is a quick calculation) the maximum allowable resistance in the wire would be 12/0.3 or 40 Ohms for the 120 V bulb, and 1.2/3 or 0.4 Ohms for the 12 V bulb. So the wire for the low voltage bulb would have to be 100 times bigger than a wire of the same length for a 120 V bulb. (In actuality it's not that bad - high current, low voltage landscape transformers usually have separate taps which can alternatively provide 13 Volts or 14 Volts to make up for the voltage drop in the wires.)