View Single Post
  #24  
Old 12-01-2005, 05:54 PM
Guest
 
Posts: n/a
Default Re: Dannenmann interview on espn.com

[ QUOTE ]
Poker winnings are taxed as regular earned income, not as a gambling tax. there is a supreme court case on point--don't remember the name, but it involved Billy Baxter.

[/ QUOTE ]

I remember hearing that too. I could be wrong, but I thought he fought the courts and won basically saying that since there was a degree of skill invloved it wouldn't be taxed the same way lottery winnings were.
Reply With Quote