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Old 11-27-2012, 04:19 PM   #1
JohnR
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Originally Posted by piemma View Post
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
Good question - if we do anything over 10K we work the split? Below 10K everyone keeps there tix?

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Old 11-27-2012, 04:32 PM   #2
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Good question - if we do anything over 10K we work the split? Below 10K everyone keeps there tix?
Sounds fair
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Old 11-27-2012, 04:42 PM   #3
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Works for me.

No boat, back in the suds.
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Old 11-27-2012, 04:48 PM   #4
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Here we go!!!
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No boat, back in the suds.
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Old 11-27-2012, 05:32 PM   #5
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Good question - if we do anything over 10K we work the split? Below 10K everyone keeps there tix?
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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Old 11-27-2012, 05:38 PM   #6
JohnR
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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.
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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Old 11-27-2012, 05:52 PM   #7
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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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Old 11-27-2012, 06:05 PM   #8
JohnR
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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.


~Fix the Bait~ ~Pogies Forever~

Striped Bass Fishing - All Stripers


Kobayashi Maru Election - there is no way to win.


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