Anyone want some free money?
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- Mountaineer
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Re: Anyone want some free money?
It would be nice if all this overt and covert negative energy actually went into something that has a chance of improving the community, county, state, country in which we live instead of just throwing hand grenades on the table with no means of defusing. Jeeze people, you'd think we we were all Stalin, Kim Jong-un or Hitler fans. And, I don't even particularly like the guy "we" elected. Grow up and grow a set you bunch of snowflakes. 
- dualstow
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Re: Anyone want some free money?
What's the tax treatment? Like Vegas winnings?
Whistling tunes / We hide in the dunes by the seaside
Whistling tunes / We're kissing baboons in the jungle
Whistling tunes / We're kissing baboons in the jungle
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Jack Jones
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Re: Anyone want some free money?
30% return on your investment if I calculated that correctly.
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Jack Jones
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Re: Anyone want some free money?
Eh, that's not taking into account their fees. I just found out they will take a 10% cut of your winnings at the time you win, and then they also take a 5% cut when you withdraw money from their site.Jack Jones wrote:30% return on your investment if I calculated that correctly.
- dualstow
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Re: Anyone want some free money?
Now that's free money. Running that website, I mean.Jack Jones wrote:Eh, that's not taking into account their fees. I just found out they will take a 10% cut of your winnings at the time you win, and then they also take a 5% cut when you withdraw money from their site.Jack Jones wrote:30% return on your investment if I calculated that correctly.
Whistling tunes / We hide in the dunes by the seaside
Whistling tunes / We're kissing baboons in the jungle
Whistling tunes / We're kissing baboons in the jungle
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Libertarian666
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Re: Anyone want some free money?
I didn't see a 10% cut at the time of winning, although I did know about the 5% money withdrawal fee.Jack Jones wrote:Eh, that's not taking into account their fees. I just found out they will take a 10% cut of your winnings at the time you win, and then they also take a 5% cut when you withdraw money from their site.Jack Jones wrote:30% return on your investment if I calculated that correctly.
And I believe it is taxed like futures contracts, although you should do your own research about that.
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Jack Jones
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Re: Anyone want some free money?
I found out about the 10% cut by talking to someone through the little support IM window that pops up at their site.Libertarian666 wrote:
I didn't see a 10% cut at the time of winning, although I did know about the 5% money withdrawal fee.