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The Taxman Cometh…

September 12, 2007 | Leave a Comment

If you have been paying attention (and winning big) at Foxwoods or at a variety of Harrah’s properties in Vegas you may have noticed that on poker tournament payouts over $5,000 the casino’s are starting to withhold 25% to be sent to Uncle Sam.   We have checked with Foxwoods and they are withholding (except for tournaments with […]

Lottery loophole discovered…wait for guy with winning ticket to die.

September 11, 2007 | Leave a Comment

BOSTON (AP) - The name of the Massachusetts Lottery game is $10,000,000 Hold’em Poker - appropriate because some players probably will have held their tickets for more than three years by the time the grand prize is awarded.Some players, already kept waiting more than two years, have given up hope of even getting a shot […]