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  #1  
Old 07-08-2006, 08:01 PM
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Paying taxes on betting activity and lottery winnings...

...I consider it the biggest possible BS in the world.

What is your opinion, and what is the situation in your jurisdiction/country?
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Old 07-08-2006, 08:07 PM
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None of my sportsbooks release winnings to taxing authorites. I'll be damed if im gonna pay taxes on winnings.
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Old 07-08-2006, 08:09 PM
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Quote:
Originally Posted by alby
None of my sportsbooks release winnings to taxing authorites. I'll be damed if im gonna pay taxes on winnings.
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Old 07-08-2006, 08:11 PM
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Probably not best to discuss this kind of thing in public.
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  #5  
Old 07-08-2006, 10:31 PM
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don't do it...you are opening up a lot of questions and problems

however...the smart dope dealers pay taxes on their dope money and then only catch a case on the dope and not on tax evasion
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  #6  
Old 07-09-2006, 12:26 AM
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We have discussed this before. If you don't have any paperwork that the IRS gets a copy of then those winnings do not exist.Don't worry about them and buy something nice.
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