This is for those who want to stake me into the Millionaire Maker only.
(If paying by electronic means, don’t mention “gambling” or “poker” and be sure to send as a “gift.”)
Details
The entry fee is $1,500. The minimum investment amount is $15, or 1% of the entry fee. So for example, if you invest $15 and I end up winning $2,000 then you will get $20 ($15 from your original investment plus $5 profit). But if I get lucky and win 1st or 2nd place (each guaranteed at least $1 Million), then you would make at least $10,000 for your $15 investment. Of course I could bust out and not cash at all.
Payouts
Any winnings of $5,000 or more are subject to taxes. Before paying out, you will need to provide me a signed W-9 form with your name, address, social security number, or tax id number. You can find the form here:
https://www.irs.gov/pub/irs-pd…
Then early next year you’ll receive a 1099-MISC noting the income. If you are not willing to provide this information then I will withhold 30% of your share for taxes.
Any awards (trophies, bracelets, etc.) won from the event solely belong to me.
Tournament | Date | Buy-In | Days | Entered | Placed | Cashed For |
---|---|---|---|---|---|---|
Totals | 1,500.00 | 1 | 0.00 | |||
14a - Millionaire Maker No-Limit Hold'em | 06/10/2016 | 1500 | 5 | ✔ | 500 | - |
Investor | % Bought | Amount | Paid | Payout | Refund | Total | Paid Out |
---|---|---|---|---|---|---|---|
“Investor # 01” | ?% | $??? | ✔ | $??? | $??? | $??? | - |
“Investor # 02” | ?% | $??? | ✔ | $??? | $??? | $??? | - |
“Investor # 03” | ?% | $??? | ✔ | $??? | $??? | $??? | - |
“Investor # 04” | ?% | $??? | ✔ | $??? | $??? | $??? | - |
“Investor # 05” | ?% | $??? | ✔ | $??? | $??? | $??? | - |
“Investor # 06” | ?% | $??? | ✔ | $??? | $??? | $??? | - |
“Investor # 07” | ?% | $??? | ✔ | $??? | $??? | $??? | - |
“Investor # 08” | ?% | $??? | ✔ | $??? | $??? | $??? | - |
“Investor # 09” | ?% | $??? | ✔ | $??? | $??? | $??? | - |
Totals | ?% | $??? | $??? | $??? | $??? | $??? | $??? |