Big Mac McGwire
New member
pay the bills and buy a cheap psa 2 or psa 3 52 topps mantle.
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Austin said:starwarsfan2003 said:WOOHOO 25k brother NICE!
Too bad uncle sam gets 12.5k though![]()
Topnotchsy said:Wait a second. No cut sig, no logo patch, not a rookie and not a 1/1. Not even a bit of DNA from something dead....could it really be worth anything?
wasabicracker said:sorry i dont have those cards in my state but, how did he win??
scottagibson said:Unreal... CONGRATS!![]()
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what state are you in?
Huffamaniac said:make sure to collect as many losing tickets as you can so you can offset the win. COngrats
A_Pharis said:Technically, he's wouldn't be "cheating the government" at all.
You have to include winnings on your taxes -- sure, everyone knows that.
But what a lot of people don't realize is that you can actually itemize some losses. If he really wanted to take the time to do it, then he could accumulate all of his losing tickets and write off the loss. I mean, isn't it only fair since he has to include his winnings on taxes?
I doubt he has his losers, though. Writing off losses is usually reserved for big spenders.