calwatch
calwatch
Joined: Feb 7, 2010
  • Threads: 7
  • Posts: 108
April 14th, 2012 at 10:28:19 PM permalink
We all have heard of those machines and bingo jackpots of $1199 to avoid a W-2G. Everybody knows why but no one says it openly. Well on April 15 San Manuel Bingo and Casino in Southern California will have "Beat the Taxman Bingo", with a description that may cross the line:

Win any of our 15 regular session games and no one will ever have to know, not even the taxman! Games pay out $1199 each - a dollar below IRS reporting limits. We're not advocating a tax revolt; we're just trying to save you some money. Buy-in is $20 and includes a $40 bingo rebate book. The day includes these extras: Quickies paying $1000 each; Dual Daub and Hang the Taxman paying $1199 each; and Super, Late Game, and DIY jackpot consolations paying $1199 each.

The flyer is the usual opaqueness you have with these $1199 promos - http://www.sanmanuel.com/index.php/events/event/beat-the-taxman-bingo/2012-04-15 - but the above description comes from their monthly freeplay book sent to thousands of people on their mailing list.
Boz
Boz
Joined: Sep 22, 2011
  • Threads: 154
  • Posts: 5701
April 15th, 2012 at 1:41:45 AM permalink
Many LV Casinos used to push their VP machines as keeping the Jackpot at $1199. Good advertising gimmick, but the game rules and odds are still what counts.

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