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StriperTalk! All things Striper |
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11-27-2012, 04:19 PM
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#1
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Certifiable Intertidal Anguiologist
Join Date: Feb 2000
Location: Somewhere between OOB & west of Watch Hill
Posts: 35,272
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Quote:
Originally Posted by piemma
I'm in and headed out to get 5 tickets. Just a note, we need to get one of our resident lawyers involved should we win. We will need to make sure we address the tax implications, the property titles and , most importantly, indemnifications.
John, you may need to set up an S corp or some other entity.
One other thing: What happens if we win a lesser prize? I vote the same rules apply. 15% to S-b and the rest get split. Even if we won $1M, it's a big chunk of dough
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Good question - if we do anything over 10K we work the split? Below 10K everyone keeps there tix?
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~Fix the Bait~ ~Pogies Forever~
Striped Bass Fishing - All Stripers
Kobayashi Maru Election - there is no way to win.
Apocalypse is Coming:
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11-27-2012, 04:32 PM
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#2
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Land OF Forgotten Toys
Join Date: Sep 2009
Location: Central MA
Posts: 2,309
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Quote:
Originally Posted by JohnR
Good question - if we do anything over 10K we work the split? Below 10K everyone keeps there tix?
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Sounds fair
Posted from my iPhone/Mobile device
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I am the man in the Bassless Chaps
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11-27-2012, 04:42 PM
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#3
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Very Grumpy bay man
Join Date: Nov 2003
Location: Rhode Island
Posts: 10,825
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Works for me.
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No boat, back in the suds. 
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11-27-2012, 04:48 PM
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#4
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Very Grumpy bay man
Join Date: Nov 2003
Location: Rhode Island
Posts: 10,825
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Here we go!!!
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No boat, back in the suds. 
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11-27-2012, 05:32 PM
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#5
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Seldom Seen
Join Date: May 2001
Posts: 10,543
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Quote:
Originally Posted by JohnR
Good question - if we do anything over 10K we work the split? Below 10K everyone keeps there tix?
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However, if the grand prize is not won, any winners go into a rollover pool until jackpot is won.
I'm in.
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11-27-2012, 05:38 PM
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#6
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Certifiable Intertidal Anguiologist
Join Date: Feb 2000
Location: Somewhere between OOB & west of Watch Hill
Posts: 35,272
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Quote:
Originally Posted by nightfighter
However, if the grand prize is not won, any winners go into a rollover pool until jackpot is won.
I'm in.
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That might be too much a pain to chase down - easier me thinks to do over 10K we split, under people keep
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~Fix the Bait~ ~Pogies Forever~
Striped Bass Fishing - All Stripers
Kobayashi Maru Election - there is no way to win.
Apocalypse is Coming:
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11-27-2012, 05:52 PM
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#7
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Very Grumpy bay man
Join Date: Nov 2003
Location: Rhode Island
Posts: 10,825
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So far I see John and myself. You guys will be sorry if we win.
Johnny, off to the vacation houses. Cabo, Belize, Costa Rica, Pulaski, Scotland, Block, Cutty, Cape etc etc.
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No boat, back in the suds. 
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11-27-2012, 06:05 PM
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#8
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Certifiable Intertidal Anguiologist
Join Date: Feb 2000
Location: Somewhere between OOB & west of Watch Hill
Posts: 35,272
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Quote:
Originally Posted by piemma
So far I see John and myself. You guys will be sorry if we win.
Johnny, off to the vacation houses. Cabo, Belize, Costa Rica, Pulaski, Scotland, Block, Cutty, Cape etc etc.
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~Fix the Bait~ ~Pogies Forever~
Striped Bass Fishing - All Stripers
Kobayashi Maru Election - there is no way to win.
Apocalypse is Coming:
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