Morstead Raffling Super Bowl Tickets

damn he really plans ahead. Drawing date in January.

quote:

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Winner will be awarded a cash prize in the amount of $964.25 to mitigate the Winner's tax liability that results from winning the raffle. This prize is withheld and paid, on behalf of the Winner, directly to the IRS ($812.00) and the Commonwealth of Massachusetts ($152.25). The actual amount awarded may be adjusted proportionally based on the value of the actual prizes received.

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I was actually wondering the other day whether raffles for expensive items offset the taxes with withheld cash.

I guess if the Saints don't go you could sell em. I'm in