So I was playing in 5 dimes grand casino this morning and hit a for a huge win...Over 100,000. They said they will check their machine for malfunction and get back to me in 72 hours.
My question is...provided I actually get the money...what would be the best way to get payout? Are their going to be tax ramifications?
Anybody ever deal with this before?
I am still in shock
Thanks in advance
Wow. That is awesome. Every wire transfer of course passes through the Fed Reserve so it is reported along with the receiving bank. Tough way around paying taxes on that unless you fly to Nassau and talk to a banker. Check in to overseas accounts in different countries because there are several that will gladly take your business.. Might be worth your while to take a trip and avoid the major 30/40% haircut. Vacation time.
Congrats. 
.....Dollar is very strong right now against most currencies which might also be a thought for you to deposit. Central and South America especially. Once your funds are deposited in let's say Peru, then wires can come in short of 10k in slow increments over an extended period of time... without flags.
Just a thought.
get some losing tickets off the floor and offset them if you really feel obligated to report your "winnings". It takes a long time to get that much money out of an off shore book. 2 western unions a week, 2 money grams all for like 750. anything under 1000 doesn't raise any flags. and one check per week for 7500. anything less than 10,000 ive been told raises no flags. Keep your winnings and what you think you'd have to pay in taxes in a separate acct and deal with that issue if it arises i doubt it will if you play your cards right
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