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Old 03-28-2010, 11:14 AM
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booner booner is offline
Gulfstream Park
 
Join Date: Aug 2007
Location: Russellville, KY
Posts: 1,242
Default Tax Ticket Question

Not that I have cashed one lately, but a friend asked me a question last night and I couldn't answer.

If you play, say, a $1 Pick 4 twice. It pays $1000 for a $1. Do you pay the 28% (or whatever the off-the-top tax is) on each ticket or just once since it was the same wager?

And is my explanation of his question as clear as mud?
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