(Topic ID: 203290)

Paying taxes on earnings / becoming an operator

By Soulrider911

6 years ago


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  • 34 posts
  • 18 Pinsiders participating
  • Latest reply 6 years ago by dcannan
  • Topic is favorited by 3 Pinsiders

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    #16 6 years ago

    Say you ran a week long or monthly tournament. Like a bump and win tournament, would you also need to pay tax on the coin drop funding the tournament?

    #19 6 years ago
    Quoted from chuckwurt:

    What is a bump and win tournament?

    It's one of the tournament options on family guy.

    Every entry adds to the cash prize pool. Top 4 scores are shown. The operator can choose to pay out how he/she pleases. The player even needs to type a password after initials are put in, guessing to verify when the tournament ends. Options for price/prize pool,tourney length.

    Seems like a neat idea. Never seen a game on route have it running.

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