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Math on SRS winnings

4157 Views 26 Replies 14 Participants Last post by  DL, 
G
I was just checking in to the SRS site and was wondering that if you won $30K cash and $25K value in trailer, wouldn't the taxes on that basically wipe out the cash? Don't get me wrong, I'd love to win it. I just thought the tax bracket on winnings is around 50%....

-K
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M
If you think the AKC doesn't do it for money your wrong too. There would be many different rules and reg's if they didn't do it for the money.

Marty
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