Hacker News Reader

So he sold $1 Million tickets to the mob for $50K and the mobster got half of the prize from people. And those people got (stuck with paying taxes on the hole $1 Million.)

He got too little but then it was just a "day's work" and after a while you cannot launder them yourself.

View on HN

If the prize "winners" came ahead with a dollar more than taxes they came out ahead.

He was smart, he took a decent amount of money but didn't risk his banker questioning where millions of dollars in his bank account came from.

Not if they spent the money before paying the taxes. You know how it goes when you get a bunch of money all of the sudden

Hell, you'll be relatively lucky if taxes are all that gets you: https://abcnews.go.com/US/lottery-jackpot-winners-lost-big/s...

As pleasurable as it is to imagine myself winning huge sums of cash it's also almost a sort of fire drill for in case it ever actually happens.

> If the prize "winners" came ahead with a dollar more than taxes they came out ahead.

Only if you don't count the risk of getting caught (and the lifelong stress that risk may induce even if you don't).

Reply on news.ycombinator.com