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  #17  
Old 07-13-2006, 04:14 PM
Gander Gander is offline
Del Mar
 
Join Date: Jun 2006
Posts: 5,336
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Yes Point, it was a signer because it was over $600. Would have been over $1300 for $2.

What I was saying is say if you hit a daily double for $800 based on a $2 payout:

Scenario 1) You are holding a $2 ticket in your hand. Yes you have to pay taxes.

Scenario 2) You are holding two $1 tickets in your hand. No you dont have to pay taxes. Why? Because you were smart enough to split up your tickets.
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