Jay: Well that's just specious.
Mouthfull of tea, meet computer monitor. :lol:
Jay: Well that's just specious.
My buddy did win a Mercedes at the Mirage a few years ago. It was the grand prize in a Blackjack tournament. He could have taken $25,000 instead, but the car was worth about $35,000. He took the car! The casino gave him the option of taking a similar car from a local dealer and driving it home (not the car on display), or having the car delivered to his address in Los Angeles. It would have also been a similar car, but come from a local dealership. Yes, he did have to pay taxes on the car.
So much for this specious argument.
Unlike you Lou, I live in the real world. I don't have to make up silly stories to make my point. I prefer to use logic and reason, something you appear to be unfamiliar with.
Your "argument" has gotten weaker with each succeeding post. If you think that winning a cue and winning a room full of furniture present the same set of problems for the winner, I feel sorry for you.
The bottom line remains that Mitch got a bad deal in this raffle. He should NEVER have had to bear the cost of shipping the furniture to Arizona. It's unfair and dishonest in my opinion. You have said absolutely nothing to make me feel any different.
Mouthfull of tea, meet computer monitor. :lol:
A guy at work won a Beamer for winning a video game at a car show. He got it delivered months later. And paid taxes on it as well. Looks like you caught someone in a story-telling mood, and he just doesn't want to concede.![]()
She won a trip to Istanbul or Yugoslavia -- (I can't remember) -- and they said the prize was worth $13,000.
If she had booked this trip herself, she could have gotten it for about $4,000.
That said, she had to pay taxes on $13,000 for that trip.
:
I'm arriving late to the party here, but I have a similar story. :grin-square:
My friend's daughter got on Wheel of Fortune and won about $30,000-plus in prizes.
The interesting thing is that, yes, she did have to pay taxes on it, but she had to pay taxes on what Wheel of Fortune said the prizes were worth.
She won a trip to Istanbul or Yugoslavia -- (I can't remember) -- and they said the prize was worth $13,000.
If she had booked this trip herself, she could have gotten it for about $4,000.
That said, she had to pay taxes on $13,000 for that trip.
California also made her pay taxes, in addition to Federal. However, though she paid California, she got a lawyer who got California to give her a refund on what she paid them in taxes. She lives in Maryland, and the lawyer said she didn't have to pay California taxes.
Today, the IRS Tax Code is over 70,000 pages. 1913 is when the IRS Tax Code was created, and it was 400 pages.![]()
Stop it. You're killing me.
I'm sorry -- what logic and reasoning have you used? I must have missed it. You gave a couple of examples, trying to make the leap that that proved it's the norm, and that was about it. (Also, calling something "specious" does not make it so, unless you can show why.)
What I think you may have missed is that that was the basis for the "silly story." When someone is as far out there, as you are on this, it's easy to lampoon their position. Which brings me to what effect I had on you feeling any different: I was not out to make you feel any different -- I know I can't reach you. You are so far out there on this one, so far removed from reality, I'm surprised you even have any kind of internet connection in Never Never Land. IOW, you were not my target audience on that one
So, for the sake or argument, let's just take your last point and forget that you ignored all my questions about the circumstances surrounding the Mercedes. You said:
"If you think that winning a cue and winning a room full of furniture present the same set of problems for the winner, I feel sorry for you." (Sorry right back at ya, I've looked at your posts for anything else remotely resembling "logic and reasoning," but this is the closest I could get.)
OK. So let me ask you: are you saying that who should bear the brunt of the time, money and effort for delivery of merchandise won in a raffle, should be determined by the "set of problems" it presents for the winner of said raffle? Because that's what I get out of what you said. So, could you please explain why this is and should be so? Where is the "bright line" that separates, say the pool cue won and the set of furniture won, so clearly that it should be obvious to the raffle winner and sponsor? Cue and a case? Two cues and a case? A set of house cues? A pool table with a set of pool cues? A complete game room? IOW, when exactly does the burden for transporting the prize, shift from winner to raffle sponsor?
And while you're thinking about it: how does an example or two prove that what you're saying is the norm for all raffles in today's economic environment?
Lou Figueroa
Raffles are governed by state laws which differ state to state. Most raffles for large items that I have found do not include delivery or taxes, but may. The key to having a "legal" raffle is to follow the applicable laws which will always include full disclosure of fees and responsibilities. The guidelines below are general. Jim
How to Legally Raffle Off a Car
By memgineer
Harbor House's 2008 Car Raffle Prize http://www.harbor-house.org/events.html
It is difficult to develop a guide that addresses raffling off cars in all states, because state and county laws vary. In some jurisdictions, raffles are treated like lotteries and considered a form of gambling. It is advisable that you contact your city, county and state governments to ensure adherence to appropriate law. Many locations require registration or that an application be filed. A general process for holding a car raffle follows.
Step 1. Check with your local government to ensure that raffles are legal. Places where raffles are illegal include Hawaii and Kansas.
Step 2. Verify whether individuals can hold a raffle; or if you are establishing a raffle for an organization, that the appropriate type of organization (e.g. for-profit business or non-profit charitable organization) is allowed to host them. Raffles are often limited to educational or charitable organizations, fraternal orders, churches or volunteer organizations (like volunteer fire departments). Occasionally there is a requirement that a charitable organization have been in operation for more than 5 years (e.g. Indiana and Tennessee).
Step 3. If a raffle is legal, determine whether there is a permit, application or registration process. For example, in California, raffles register with the California Attorney General. In Maryland, charitable organizations must submit a disclosure statement to the Charitable Organizations Division (a branch of the Secretary of State) that includes details of the date, location and time of the raffle; information about the charity; and any costs attributable to the winner. In Georgia, a license is obtained from the Sheriff.
Step 4. Check the application for deadlines. In Tennessee, applications are accepted by the Secretary of State, Division of Charitable Solicitations between July 1 and December 31.
Step 5. Fill out the application and pay any applicable fees. Fee structures are often dependent upon the value of the item(s) being raffled.
Step 6. Take note of any additional requirements the state may have. It is common for a financial report to be required after the event; and for extremely high-value items ($50,000 or more), an audited financial statement may be required. Some state limit the number of raffles an organization can hold in a year.
Step 7. Make certain the entry rules mention whether winner of a raffle is responsible for local, state and federal taxes; insurance; fees; delivery costs; or incidentals like title transfers or registration. An organization is responsible for filing an IRS Form 990 for any prizes valued at $600 or more.
Step 8. Consider including common provisions that raffles typically include, like a minimum age to enter (18 or 21); proof of driver's license, and the use of a certified public accountant or accounting firm to verify the raffle results.
Step 9. Advertise your raffle, and sell tickets.
Step 10. Conduct the raffle in accordance with the rules you established.
Step 11. Deliver the prize(s) to any winners.
Step 12. File any final paperwork with the government that is required.
Step 13. Enjoy the fruits of your labor, and be sure to thank any donor that may have given your organization a car to raffle.
Step 11. DELIVER the prize(s) to the winner!
How many gaffle tickets do you think they would have sold if they said - by the way, you have 24 hours to pickup the 1000 pounds of furniture or it will be forfeited, used in one of the promoters homes and then given away to the first person that comes by and claims it.
Let's see - a pool cue weighs maybe 19 ounces and can be easily transported (maybe that's why these raffles are so popular at many pool tournaments). A room full furniture weighs maybe 1,000 pounds and is not so easily transported. It really doesn't take a genius to tell the difference.
Much as you would like to believe otherwise, you're losing this debate Lou. Weren't you the same guy who was all over Joey about the Galveston event? Now you want to defend these shysters who screwed Mitch. Nice flip flop Lou.
How many gaffle tickets do you think they would have sold if they said - by the way, you have 24 hours to pickup the 1000 pounds of furniture or it will be forfeited, used in one of the promoters homes and then given away to the first person that comes by and claims it.