Do you get taxed?

Forum: Streak Survivor
Author: [Streak Survivor] Topic: Do you get taxed?
pinoy1da PM pinoy1da
Joined: Oct 2010
Posts: 6156
California
 
pinoy1da
Participation Meter
Posted: 2/14/2013 1:46:47 AM
IF you win streak survivor? 

I mean its a 100k and they send it via paypal? 

soo0o0ooo0o?
Chadnailz6 PM Chadnailz6
Joined: Sep 2007
Posts: 181
Michigan
 
Chadnailz6
Participation Meter
Posted: 2/16/2013 7:12:01 PM
You have to pay taxes yourself. Highly doubt they would give you a        W-2G...
MadDog888 PM MadDog888
Joined: Jan 2011
Posts: 138
 
MadDog888
Participation Meter
Posted: 2/18/2013 1:53:30 AM
Ask the people who won 25k. Did they receive 25k or less? Ask Tuppy who won 100k. Did he receive 100k? I think you receive 100.000$, not less. After that if you are stupid, you pay taxes, if not you withdraw the money in 7-8 tranches on you bank account and that's all. Happy ending.



billyloco PM billyloco
Joined: Nov 2004
Posts: 21622
Georgia
 
billyloco
Participation Meter
Posted: 2/18/2013 7:20:17 AM
Tuppy...come in sir. If I recollect correctly, Tuppy was living in Canada and did not get less than $100,000, and soon after moved to Japan to marry his sweetheart. The move was planned before he won is how I remember the story. 
ShadowWarrior PM ShadowWarrior
Joined: Nov 2002
Posts: 7091
Hawaii
 
ShadowWarrior
Participation Meter
Posted: 2/20/2013 5:10:06 AM
I remember that also about Tuppy.  Maybe that is why he moved to Japan, to get away from paying taxes? 
Forum: Streak Survivor
You have entered the forum as a GUEST. 
You must login/register to post or reply.