Karma: 945575

Poker, Blackjack, Roulette, Hold-em, Craps.......

Occasionally I work for an entertainment company, dealing 21 at company parties and/or fundraisers. Got to wondering if any of you enjoy throwing your money away on games of chance, slot machines, horse races, lottery tickets/scratchers, sporting events, or ????? Any big winners?

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+3 Views: 721 Answers: 2 Posted: 12 years ago

2 Answers

eggplant

Karma: 385805

"I gambled and now I only have my underwear left." I never gamble and never will.

12 years ago. Rating: 3
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barra

mycatsmom was asking about zombies, seeing that i might have to rethink my answer. lol.

commented 12 years ago

eggplant

I like her shoes.

commented 12 years ago

barra

Karma: 4125

I love two -up, only once i have had a small win and that was only $700 , every year, like the rest of Australia i bet on the Melbourne cup, always $10 for a win, needless to say i'have never backed the winner yet, really gambling is a mugs game, the punter who bragg they won big, are only getting a portion back of what they have lost over the years.

12 years ago. Rating: 3
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Bob/PKB

Here in the US, gambling winnings can be offset by losses for tax purposes. Once my brother-in-law won BIG ($65,000) at the horse races. He and his wife started collecting the losing tickets that were strewn about. At tax time, they present a shoebox full of the losing tickets. They had enough to offset the winnings. I agree, it's very few who come out ahead!

commented 12 years ago

barra

Here i Australia, only the interest earned on the winnings is taxable, if you won, say $30 million playing x lotto, it is payed out in full tax free, even winning a luxurious house is tax free , as long as you live in it for 12 months, of course if you sell it after the reqired time the usual duty taxes apply, as for all sales.

commented 12 years ago