[vpFREE] Fwd: High Stakes with huge win

 



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On Thursday, October 25, 2018, vpfree@gmail.com <vpfree@gmail.com> wrote:

AP stated that if he won huge like a lottery he would play high skates video poker for the rest of the year. Why? Yes your looses are discounted 30% but you wins are taxed 30%. This is all on net (win/loss). Plus with your huge win you woodn't need any money from vp. You would probably be annuitized.


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Posted by: "nordo123@aol.com" <nordo123@aol.com>
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Re: [vpFREE] Re: Mega Million, great play!!! For the government. Not VP

 

For Canadians doing a U.S. tax return you owe the IRS %30 of your net winnings. So on a huge lottery win you wouldn't be getting much back unless you were playing some really big stakes and losing some really big money. The one thing to realize is that if you had one of those huge wins, any losses would come with a %30 discount. If I ever won a monster like that I would be playing some very high denomination VP for the rest of that year. 
 
Regards

A.P.


From: "nightoftheiguana2000@yahoo.com [vpFREE]" <vpFREE@yahoogroups.com>
To: vpFREE@yahoogroups.com
Sent: Thursday, October 25, 2018 3:29 PM
Subject: [vpFREE] Re: Mega Million, great play!!! For the government. Not VP

 
gamb00ler wrote: "The payer of any substantial win to a Canadian would withold 30% of the prize."

That's just a withholding, you can apply to get it back.


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Posted by: Albert Pearson <ehpee@rogers.com>
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[vpFREE] Re: Mega Million, great play!!! For the government. Not VP

 

gamb00ler wrote: "The payer of any substantial win to a Canadian would withold 30% of the prize."

That's just a withholding, you can apply to get it back.

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Posted by: nightoftheiguana2000@yahoo.com
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