Phil Mickelson lost $40 million gambling.

[Snowball]

But how much did he win?

THIS.

So, he booked 10 mil a year over a four year span in losses. What about prior to 2010? What about post-2014?
What about how old he is and all the money he made in the 90s ?

[Headsterx]

THIS.

So, he booked 10 mil a year over a four year span in losses. What about prior to 2010? What about post-2014?
What about how old he is and all the money he made in the 90s ?

Sounds like you work at IRS. 😂😂

[pavyracer]

People are so naive. He may have lied so that IRS wouldn't look to collect taxes from his winnings. As far as I know he may be up gambling as there is no record of his betting. So if he portrays himself as a loser then it is easier to circumvent limits if he is still gambling.

[RangeFinder]

People are so naive. He may have lied so that IRS wouldn't look to collect taxes from his winnings. As far as I know he may be up gambling as there is no record of his betting. So if he portrays himself as a loser then it is easier to circumvent limits if he is still gambling.

Not to mention, he was friends with one of the most successful gamblers in the world, Billy Walters.

[big joe 1212]

I know he was denied a credit line at Turning Stone

[gauchojake]

He posts at bmr now

[JIBBBY]

People are so naive. He may have lied so that IRS wouldn't look to collect taxes from his winnings. As far as I know he may be up gambling as there is no record of his betting. So if he portrays himself as a loser then it is easier to circumvent limits if he is still gambling.

I doubt he's a winning gambler, Floyd Mayweather as well. They are flashy action junkies if I had to guess.

[jjgold]

Nobody up
Gambling


He is a known compulsive gambler

[floridagolfer]

His longtime caddie left because Phil wouldn't pay him what he was owed. Supposedly this was a six-figure amount, which I believe without much question. Phil's always been a self-absorbed individual.

[jjgold]

His longtime caddie left because Phil wouldn't pay him what he was owed. Supposedly this was a six-figure amount, which I believe without much question. Phil's always been a self-absorbed individual.

He is disgraced now

Most golfers do not want to know him anymore

[Bluehorseshoe]

[JIBBBY]

I miss John Daly. I'm sure he gambled to. He sure as hell drank ..

[jjgold]

Mickelson’s sports betting habits are not the focus of Shipnuck’s book – roughly 5-10% of it relates to sports wagering – but the betting passages shed light on Mickelson’s risk-seeking behavior. Anecdotes provided by his peers recall Mickelson’s disinterest in certain Sunday golf rounds while he checked NFL scores frequently to see which teams were covering the spread

[Jayvegas420]

Not to mention, he was friends with one of the most successful gamblers in the world, Billy Walters.

Billy Walters sent him to jail

[Art Vandelay]

I miss John Daly. I'm sure he gambled to. He sure as hell drank ..

He's in the field at the PGA this week! Cheers... Lol!

[vivablu]

"In those prime earning years, his income was estimated to be just north of $40 million a year. That's an obscene amount of money, but once he paid his taxes (including the California tariffs he publicly railed against), he was left with, what, low-20s? Then he had to cover his plane and mansion(s), plus his agent, caddie, pilots, chef, personal trainer, swing coaches and sundry others. Throw in all the other expenses of a big life — like an actual T. Rex skull for a birthday present — and that leaves, what, $10 million? Per the government audit, that's roughly how much Mickelson averaged in annual gambling losses."

Author of this article sounds like an average sbr poster. He doesn't pay tax on 40 million. He pays taxes on the net income after deducting all those mentioned expenses.

[vivablu]

Can you imagine if you had 40 million and gambled it away and then had 0.

Many football players in usa and other black athletes had lot more than this and got to zero fast without even "gambling".

[jjgold]

It just proves gamblers hold no prisoners


You could be a billionaire and lose it all easy