Largest Jackpot witnessed in Casino on Video Poker

[Carcounter]

Yep it was the Pokermania machines.

[notes1]

[QUOTE=FloridaPhil]

[quote=LovePlusOne] I did see a senior gentleman hit the sequential jackpot at Caesars for
about $60,000, and he was carrying on and complaining because he was on
Social Security, and he'd have to pay big taxes on his win.That's ridiculous.  I paid taxes and social security for 50 years and I'm still paying.  I earned my social security check and would gladly pay taxes on a win like that.  If it's true, that guy was an idiot!

[/QUOTE]

I don't know if it's true but I was told that SS was being or was going to be taxed, any truth to that?[/QUOTE]

You would need to talk to accountant for correct answer. But, I do believe that SS income is taxed, if other income is high enough.

[HiRollR]

Here is some video of that 2m win. Not photoshop.
My friend hit this. I'll see if I can get more info/details.

http://sendvid.com/ick97wh0

[FloridaPhil]

[quote=notes1]You would need to talk to accountant for correct answer. But, I do
believe that SS income is taxed, if other income is high enough.[/quote]You do pay income tax on social security income if your combined income is high enough.  However, you do not pay FICA.  Social Security benefits are not an "entitlement", they were earned by paying into a tax system over a lifetime.  The problem is Congress hijacked the tax payers investment income and replaced it with an IOU that has now come due.  If you're a young person paying taxes, you may want to think about that.  My wife and I are both almost 70 years old and paying more tax now than we ever did.  No one wants to pay taxes, but if you're fortunate enough to win a big jackpot it's ridiculous to be upset because you may have to. 

[Aimster02]

Played an Ultimate X machine last week playing 5 handed quarters. Had Aces with kicker dealt with an 8X on every hand for $20,000!

[royal flush]

nice