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It has been revealed that from Peter Eastgates 9.1 million dollar win he might actually only net 2.5 million after taxes!  That is crazy high taxation.   What makes it worse for Eastgate is the fact that Ivan Demidov will be clearing twice as much to his account despite coming second to the young Dane. The Russian government takes a flat 15% of any winnings, meaning Demidov will get to buy around $5.8 million worth of cavier, if he pleases.

Steer clear of Denmark if you are a gambler.  Come on over to Canada where lottery wins are tax-free!

This entry was posted on Monday, December 8th, 2008 at 9:42 pm and is filed under Gambling News, UK Casinos. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.