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Quoted from McSquid:No, I'm getting married in two weeks, just booked a honeymoon and am trying to buy a house. Not a chance I could spend an extra $1700 on this.
You will be - come tax season you need to declare your winnings at fair market value, no?
Quoted from zr11990:Why would you do that. What they don't know doesn't hurt you.
Pinside you might get away with (although I don't recommend it), but the OP also posted on reddit. I'd guess facebook as well. Organizations like this are also required to report winners.
Quoted from Pinballlew:Yes but it will be nowhere near $1700, plus you can offset them.
Dunno about that "nowhere near" - list price on these is going to be $5500+, before offsetting anything you're probably still looking at 25-35% tax, depending on the state and your financial situation, maybe more. Good to know about the gambling losses offsetting though.
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