Question about a payout?

[landers781]

Hi,

Im new here and been trying to find some advice about this. I have a rather large amount of winnings in one my sportsbooks accounts. My question is, if I withdraw the whole thing would there be any flags with my bank prompting the gov to look into/question it? Is it better to withdraw in increments?

Second question is. Do i file taxes on this? Is it better to receive bank wire, check with a max or moneygram?

My previous highest cashouts were 3k-5k. Hoping for some help. Thanks in advance!

[SlappyWhite]

keep it under 5k to avoid a SAR.

[landers781]

Thanks,

Well a 5,022 wire just went out today....i was thinking about maybe mixing it up with checks a moneygrams although it will take a long time and less economical....just dont want any problems to arise with Big Bro

[ijustwant2bpaid]

landers.... u got alot to live up 2 with that name. But the Brock I knew would never ask a question like this,(or would he?) unless he went broke and is now working for the man. I know the 1st part is right but Brock working for the man could do some serious damage to the off shore industry, sources, evasion questions, whats next Brock, Why don't you just ask for a map and a plan to hit the federal reserve...

p.s. I claim and pay all taxes and suggest everyone else do the same, accounting, accounting, accounting, ever heard of a business that once was around and no longer exists, ENRON, they went to show, no matter how much money you have it will all catch up to you eventually.

[BouncedCheck]

Someone obviously hasn't seen Zeitgeist.