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-   -   Corvette/$100k single P6 winner at SA (http://www.derbytrail.com/forums/showthread.php?t=21546)

Kasept 04-10-2008 08:16 PM

Corvette/$100k single P6 winner at SA
 
ARCADIA, Calif. (April 10, 2008)—For the second time in 17 days, one lucky on-track Santa Anita patron has selected the only winning ticket in the Pick Six and will accordingly get the keys to an all-new, fully loaded Chevrolet Corvette. Joseph Scardino, 75, of Glendora, invested $1,008 and tabbed today’s winning ticket worth $105,208. In addition to his monetary winnings, Santa Anita Park, in partnership with Sierra Auto Group of Monrovia, will present Scardino with the keys to an all-new Chevrolet Corvette, as the result of a promotion Santa Anita has conducted throughout its 2007/08 winter/spring meeting.

“I love this promotion,” said Scardino, a regular player and horse owner for the past 35 years. “This feels awesome. It’s something I’ve been talking about and it was a nice challenge. (Winning) the Corvette makes you invest a little bit more—no question.”

Scardino, a retired drywall contractor who lives with his wife of 50 years, Josephine, in nearby Glendora, has also experienced considerable success as an owner, and has employed Julio Canani as his trainer for a number of years. “We claimed Silver Circus (circa 1988) out of a maiden $32,000 claimer and he won the Hollywood and Del Mar Derbies. Then we took Bruho out of a maiden $50,000 (circa 1989) and won the Bing Crosby and the Pat O’Brien Handicaps at Del Mar.”

Scardino also pointed out that he lost Budroyale via the claimbox “for $50,000 and he went on to make $2.3 million.”

When asked if he had notified his wife, Scardino replied, “Yes. She said ‘I knew you’d do it some day.’ She had more faith in me than I did myself.”

In addition to the Corvette, Scardino noted that the $105,208 will come in handy. “Alex Solis Jr. picked out a 2-year-old filly in training at Keeneland and we just bought her yesterday,” he said. “She went for $600,000, so this helps.”

Scardino’s hit comes on the heels of James Micheil of Duarte, winning $131,295 and a new Corvette on March 24.

Santa Anita’s winter/spring meeting comes to an end April 20.

Riot 04-10-2008 08:18 PM

No denying that California knows how to have fun with their gambling!

What's the takeout there? (I rarely play there) - any breaks?

TheSpyder 04-10-2008 09:01 PM

Take out...no engine

hi_im_god 04-10-2008 09:15 PM

i think 25% on multi-race wagers in california.

Payson Dave 04-10-2008 09:18 PM

After the withholding on the ticket and the taxes on the 'vette....he isn't gonna have much leftover

Riot 04-10-2008 10:14 PM

But ya know ... I want to go to California and spend a season. I want to do Del Mar, and Hollywood, and Santa Anita. I want to hear the Friday night bands, watch the partying, and do night racing that's not at Sportsman's in Chicago <g>

California just seems like ... California! :)

hi_im_god 04-11-2008 12:09 AM

Quote:

Originally Posted by Payson Dave
After the withholding on the ticket and the taxes on the 'vette....he isn't gonna have much leftover

i'm with you.

every silver lining has a cloud.

i'd say he won all that money but now has a car that screams "i'm compensating for a small penis!"

Kasept 04-11-2008 02:04 AM

Quote:

Originally Posted by hi_im_god
i'm with you. every silver lining has a cloud.

i'd say he won all that money but now has a car that screams "i'm compensating for a small penis!"


OOOOOOO

whodey17 04-11-2008 07:52 AM

The tax on the car depends on his current tax bracket. He will have to pay a tax on the fair market value of the car. I am sure he has a good accountant that puts him in a low tax bracket.

Scav 04-11-2008 08:51 AM

Quote:

Originally Posted by whodey17
The tax on the car depends on his current tax bracket. He will have to pay a tax on the fair market value of the car. I am sure he has a good accountant that puts him in a low tax bracket.

He is more talking about having to pay sales tax on the Vette. I think he also has to claim it as a prize won, which means 25% off the top, so about 9k because of prize won + sales tax

The Bid 04-11-2008 09:08 AM

Scav if the guy is buying babies for 600k, he doesnt care about the 25% takeout.

VOL JACK 04-11-2008 09:09 AM

Quote:

Originally Posted by hi_im_god
i'm with you.

every silver lining has a cloud.

i'd say he won all that money but now has a car that screams "i'm compensating for a small penis!"

Maybe I should go buy a Corvette...:o

whodey17 04-11-2008 12:42 PM

Quote:

Originally Posted by Scav
He is more talking about having to pay sales tax on the Vette. I think he also has to claim it as a prize won, which means 25% off the top, so about 9k because of prize won + sales tax

I am pretty sure that in Cali he doesnt have to pay the sales tax. All he has to pay is the fair market value of the car based on his tax bracket. But I could be wrong....but like the one paster said..."if he is buying $600k babies, he could care less about the tax,"

Payson Dave 04-11-2008 01:33 PM

To clarify......twas a nice job of cappin and putting together a big paying ticket....not looking for the dark cloud here just saying that after the withholding on the winnings and the taxes on the 'vette there will not be alot left over to help pay for the 600k filly.



In addition to the Corvette, Scardino noted that the $105,208 will come in handy. “Alex Solis Jr. picked out a 2-year-old filly in training at Keeneland and we just bought her yesterday,” he said. “She went for $600,000, so this helps.”

Scav 04-11-2008 02:10 PM

Quote:

Originally Posted by The Bid
Scav if the guy is buying babies for 600k, he doesnt care about the 25% takeout.

No **** :)....

100k to this guy is nothing and he is a dry wall contractor :eek: :eek:

Anyone that is dropping 600k on a horse, obviously is doing pretty well to start.

I might have to move to California if those dudes get paid that much, lol

GPK 04-11-2008 02:15 PM

Quote:

Originally Posted by Scav
No **** :)....

100k to this guy is nothing and he is a dry wall contractor :eek: :eek:

Anyone that is dropping 600k on a horse, obviously is doing pretty well to start.

I might have to move to California if those dudes get paid that much, lol


You do realize that involves physical labor?

Linny 04-11-2008 02:23 PM

Quote:

Originally Posted by hi_im_god
i'm with you.

every silver lining has a cloud.

i'd say he won all that money but now has a car that screams "i'm compensating for a small penis!"

The guy's 75 and buys $600k babies. If he's not well endowed, he's over it by now. Besides, he's married 50 years so the wife must be pleased with something!

alysheba4 04-11-2008 03:02 PM

after you are old enough to collect S.S dont you skate on gambling taxes?

Scav 04-11-2008 04:01 PM

Quote:

Originally Posted by GPK
You do realize that involves physical labor?

yes numnuts I do, you would be surprised what I can do with a hammer and a saw, thank you very much

Riot 04-11-2008 04:02 PM

I would like to tell my accountant I won over 100K and a Corvette.

I would not be sad, nor would I bitch about taxes :D


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