Guy Who Won A Year's Worth Of Doughnut-Shop Coupons From The Astros Whines About The Tax Bill
When Bob Choate won a year's supply of coupons from Shipley's Do-Nuts at Astros Fan Appreciation Day in October, he "went up to the customer service window, fat, dumb and happy, and signed a form and picked up a fistful of certificates." Well, last month, the tax bill for free gluttony arrived. He owes taxes on $927.61 in winnings.
Now, the federal tax code says prizes worth more than $600 are subject to fair-market-value taxation. Thing is, he says he's only used eight coupons.
"I don't feel very appreciated. If I had known this was going to cost this much, I wouldn't have accepted. It was pretty poorly handled. I don't think (the Astros) thought a lot about their customers when they had their Fan Appreciation Day. I know I'm not going to get the full taxable benefits out of this, that's for sure."
To get his money's worth, Choate needs to gorge on 72,600 doughnut calories and 1,800 ounces of coffee. Waste not, bitch not.
'Lucky winner' at Astros game learns nothing is free [Houston Chronicle]
Fan Appreciation Day [Houston Astros]
- NBA Best Bets Today: Top Betting Picks for Monday March 30th
- Michigan vs Tennessee Prediction: Why Wolverines Are the Elite 8 Best Bet
- Top NBA Bets Today: Expert Picks for March 29 Slate
- UFC Seattle Predictions: Adesanya vs Pyfer Main Event Betting Picks and More
- Arizona vs Purdue Elite 8 March Madness Betting Picks, Prediction
- NBA Picks for March 27: Best Bets for Friday Night Slate
- Why St. John's Can Cover Sweet 16 Spread Against Duke

