fuck! I go to that place a lot. Why not me?

I got a 500 one at a Jewel in Bolingbrook a few weeks ago . Nicely just under having to report it

fuck! I go to that place a lot. Why not me?

I thought you had to report starting at 10K.

Fuck, I've got some laundry to do

Yeah, CTR starts at $10k. Unless you make smaller deposits that exceed that amount and a commuter nerd believes they're suspicious.

What difference does it make where they live?

Yeah, CTR starts at $10k. Unless you make smaller deposits that exceed that amount and a commuter nerd believes they're suspicious.

I understand how they arrived at it, but it would never occur to me to say Lincolnwood is "ten miles north of Chicago."

More like 25 feet

it is $600.01. i've hit the pick4 a few times and winnings from $600.01-$25k on one ticket, they'll cut you a check at the lottery office. anything above that, you'll need to wait weeks and get the check in the mail/go to springfield to get it after a few days - after the state makes sure you don't owe taxes/any liens/not paying child support. etc.

sure, the govt. now knows your business, but, if you itemize on your taxes, now you can deduct the losses.

i stopped playing the pick4 after losing interest in one number that never came/only boxed once or twice in 5 years - stopped playing both draws and yes, that combo came in on an evening play, after i only played the mid-day draw.

i used to play $3 straight-box. if it boxed, it's $600. collect the cash. if the straight came in, the ticket was worth $8.1k.

the exact location where Pulaski meets the bigoted suburbanites who insist on calling it by another name. Same motherfuckers who would scold you for not calling it Du Sable Lake Shore Drive.

OK. When you collect, they have a low threshold for beginning to take out the taxes. When you give, its 10K when they begin to consider you a drug lord*


*or a lower amount when there are a series of uncustomary deposits

28% is lopped off for taxes. my experiences. whether single/joint filing, most are under a 28% income tax rate and eventually, even much lower effective rates. give to ceasar...then write off losses -if you itemize. if you don't itemize and win, you'll need to itemize. if that means saving losing tickets, so be it.

the exact location where Pulaski meets the bigoted suburbanites who insist on calling it by another name. Same motherfuckers who would scold you for not calling it Du Sable Lake Shore Drive.

Here's a mistake I've seen racetrack guys make. They hit one or two signers where immediate withholding takes place and they want to write down losses to get that back so they match up a stack of losing tickets to get to a break even/loss point. But if you catch an audit the IRS guy is going to say, "Okay, so you're a regular player and you bet all year and you have these two big winners and every other bet you made was a loser? There were no tickets where you won but didn't have to sign?"

That's why you have to keep a ledger. I've been audited twice on gambling winnings/losses. The first time I had losing tickets to offset the signers but the agent wasn't having that. So I showed up at the next meeting with two big banker's boxes of racing programs. She allowed the write-offs and there was no change in my return. I had to pay my accountant for going to Morton Grove with me though.

The second time I had a ledger. Again, no change to my return. Just a pain in the ass to fuck around with these guys.

That's all moot now that I bet via ADW and I have a complete record of all wagers.

Here's a mistake I've seen racetrack guys make. They hit one or two signers where immediate withholding takes place and they want to write down losses to get that back so they match up a stack of losing tickets to get to a break even/loss point. But if you catch an audit the IRS guy is going to say, "Okay, so you're a regular player and you bet all year and you have these two big winners and every other bet you made was a loser? There were no tickets where you won but didn't have to sign?"

That's why you have to keep a ledger. I've been audited twice on gambling winnings/losses. The first time I had losing tickets to offset the signers but the agent wasn't having that. So I showed up at the next meeting with two big banker's boxes of racing programs. She allowed the write-offs and there was no change in my return. I had to pay my accountant for going to Morton Grove with me though.

The second time I had a ledger. Again, no change to my return. Just a pain in the ass to fuck around with these guys.

That's all moot now that I bet via ADW and I have a complete record of all wagers.

That prick on Western Ave in Rogers Park?