How much money should i bring to a friendly poker game?
February 19, 2009 · Filed Under Gambling · 8 Comments
VN asked:
I’m going to attend a friendly poker game with a new group of guys from church, about 5 of us. I think they all have played poker with real money before, but not with this group. The organizer mentioned that money should be brought to the game. I was kinda suprised, thinking that this would be just for fun. I’ve played poker before, but no money was involved, but i have played black jack before with money. But then again, it wouldn’t be any fun without playing for money. So, how much $ should I bring?
home theater equipment
I’m going to attend a friendly poker game with a new group of guys from church, about 5 of us. I think they all have played poker with real money before, but not with this group. The organizer mentioned that money should be brought to the game. I was kinda suprised, thinking that this would be just for fun. I’ve played poker before, but no money was involved, but i have played black jack before with money. But then again, it wouldn’t be any fun without playing for money. So, how much $ should I bring?
home theater equipment
If a person wins a large sum of money playing internet poker, what are the tax implications?
February 9, 2009 · Filed Under United States · 10 Comments
Mr. Mister asked:
I am curious about a scenario where a person wins, say, $250,000 at a site like Full Tilt Poker. First off, can they just transfer the money into their bank account without any problems? After that, what kind of taxes will they have to pay? Are the any (legal) options that would reduce the total tax amount?
home theater equipment
I am curious about a scenario where a person wins, say, $250,000 at a site like Full Tilt Poker. First off, can they just transfer the money into their bank account without any problems? After that, what kind of taxes will they have to pay? Are the any (legal) options that would reduce the total tax amount?
home theater equipment
