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Reply to "is it possible to legally raffle off your income to generate even more income? "
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[quote=Anonymous]Saw an interesting post on reddit where a guy claimed someone at his work would raffle off his paycheck for years. He'd offer $10 tix for a $2000 winner. Apparently he'd make out like a bandit ever time and got well over the 200 tix needed to break even. If under 200 time, he'd just give the all the collected ticket money away as the prize so as to not incur a loss. Yes, it is reddit, but is thisttheoretically possible without getting into a whole bunch of complicated tax and gambling issues?[/quote]
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