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Playboy going public: Porn, Gambling, and Cannabis

NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY.
https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html
NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1.
https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html
NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%)
NEW INFO 2 Here is the full webinar.
https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866
NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below
https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx
Playboy going public: Porn, Gambling, and Cannabis
!!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should.
In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase.
Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below:
https://www.playboy.com/
https://www.playboytv.com/
https://www.playboyplus.com/
https://www.iplayboy.com/
Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success.
“Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.”
https://www.scientificgames.com/
https://www.microgaming.co.uk/
“This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.”
https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/
As per their SEC filing:
“Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1
They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon.
https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era
Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again:
https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea
“Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.”
“According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently:
https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae
Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress.
Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait.
https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/
Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video:
https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html
Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05
Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing:
“For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.”
“In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.”
“In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.”
“In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.”
They are profitable across all three of their current business segments.
“Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders).
https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm
This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world.
"Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.”
Also in the SEC filing, the Time Frame:
“As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn.
The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :(
He should be fine with the 16 million PLBY shares he's going to have though :)
Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw.
I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets.
https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003
Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this:
“Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy.
“Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative.
https://www.secform4.com/insider-trading/1832415.htm
https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html
Y’all like that China money?
“Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.”
Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose.
I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future.
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing.
https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing
“Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.”
“Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.”
Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong.
Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will.
Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way.
Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains.
TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here:
WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though
https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf
Or here:
https://www.mcacquisition.com/investor-relations/default.aspx
Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.”
STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon.
Position: 5000 shares. I will buy short, medium, and long-dated calls once available.
submitted by jeromeBDpowell to SPACs [link] [comments]

FIRE. What it's like, how to get there.

1What retiring early is like

It's fucking great.
I wake up happy, I do pretty much whatever I want during the day, I go to sleep happy.
I indulge my limited passions and hobbies, I plunge down fascinating rabbit holes of knowledge, I bugger off to places for months at a time (harder with Brexit, you xenophobic malcontents), I spend time with people I want to. I feel smug.
I don't have an alarm waking me up, I don't need to take any shit off anyone, I don't burn 90 mins a day on a loud bus screeching stop announcements at 90db in my ear.
In the summer I sometimes pop over to the local greenery, have a pint and meal, read a book, soak up the sun. Great stuff.
My phone is always on silent. It can wait.
People occasionally ask me “what I do all day”. If your imagination is so limited, living in such an incredible time, with so much at your fingertips, that the question even crosses your mind, then carry on working and bitching about it, you don't know how to be happy.
“Scipio used to say that he was never less idle than when he had nothing to do “ - Cicero, On Duties.

2How to get there

2.1Difficulty modes

2.1.1Easy mode: Get free university education, get a good job, buy a cheap house

Not too difficult if you were born in 1972. Easy mode is now disabled in the UK. Maybe available in foreign versions of the game, such as in Greece or Denmark.

2.1.2Medium mode: Don't have kids

I swear to god, I have been pretty lucky not to accidentally father a crotch goblin, and believe me, little Goocho often vetoed my brain. Use contraceptives. Notice how all the shit hole countries don't give women control over their reproduction.
If I had foolishly crapped out a kid, I would have had to work another 10 years at least I reckon. Ugh.
Borrow kids to play with them, and return when they start crying.

2.1.3Hard mode: Have kids

Look, if you are spending 100k or whatever to raise a kid I don't know what to tell you, at least you got laid eh?
I hope you enjoy working like I didn't. Seriously, if you have a job you like, great stuff, things will be much easier for you. The impetus to leave it won't be so great. The point of all this is to be happy after all!

2.2Control your costs

Filling your house full of nonsense is consumerism at it's worst.
I practice a kind of minimalism. So I don't own a freezer, a cooker or a dish washing machine. Guess what? They will never need repairing or replacing! But I do own an amazing OLED tv, a solid speaker system, loads of films and books. Minimalism is a whole other subject, and attracts the mentally ill who take it to extremes. Spend money on a decent mattress you fools.
Subscriptions are death by a thousand cuts, and will weigh you down. However Netflix and Amazon Prime are great. Shades of grey.
Screw charities, charity workers get paid salaries and you are supposed to give for free? Nope. Begging scum. “it is only the price of a coffee”, bitch please, I pay 10p a cup for my lovely coffee.
Pay your taxes. Don't be a leech on society.
Live in a small house.
Aldi is great.
If you don't get married, you can't get ruinously divorced, .
Insurance is generally a scam, if you are drunkenly fucking up so regularly than you need your phone insured, sort your life out.
You really need that car? Hmmm. If you are driving to the supermarket and paying for the gym, you are an idiot. Those two cancel each other out.
Only unhappy people play the lottery.
Buy a decent phone for £200, pay £5 a month for service. You think iFruit users will look down upon you? Comparison is the thief of joy.
DIY accomplishments are mentally rewarding, great exercise and cheap – or you can throw money at a problem to make it go away, this is the point of money after all, we sell and buy time with it. Before I buy anything big, I ask myself, is this worth x days sitting in an office for​?
Spend your money how you like, I am not your mum.
Enjoy what you have.

2.3Plan a little

Write down (don't guess) how much you spend a month over a couple of years.
For investments, assume inflation cancels out general increase in non distributing equity value. This is all a rough guessing game anyway, don't pretend it isn't.
I think there are two ways to look at when you can stop working:

2.3.1Cash drawdown per month until death

If you assume you are going to die around 85 (actuarial tables available online), divide your cash + private pension wealth + state pension amount will pay you until age 85 by the number of months left to live, this tells you how much you can spend a month before you die. Sounds like enough? Investment appreciation means you might have more than that.

2.3.2Cash dividends per month

You have a lumpsum of wealth. Flexible uk pension rules means you no longer need to take the annuity gamble. 4% returns a year seems conservatively doable. Can you live on that? Means you die with a load of cash. Stash it in your silk lined coffin.

2.4Play it safe, but not too safe

Assume laws and taxes will change. Don't count too much on that state pension.
If the NHS falls ill itself, you might need some cash to go private. Good luck getting that hip surgery in the next 12 months post covid!
If the stock market takes a 10% dump, you must still sleep soundly. Don't live too close to the edge.
Assume and hope your parents will spend all their wealth on themselves, having a happy end of life in an old folks home. Points off as a human being for relying on your parent snuffing it for free money.
What if your body conks out and you start shitting yourself and have to pay 4k a month to be served Dickensian gruel in a nursing home? Trust in the societal safety net? Work another 5 years just in case? Keep a cyanide pill by the bed? Sell your house I guess? I'm rolling the dice on this one. Maybe dancing in VR and these 50 degree Victorian terrace stairs will keep me fit (or kill me).

2.5Personal Story

Went to Uni, got a Computering degree, got a job I liked, autistic-ally worked at it, got paid lots of money, bought a house at 26 for 48k, parents threw in 10k to get rid of me, paid off the mortgage in 30 months.
After 8 years in said job, started to dislike it, took 6 months off work. Worked another 2 years before I got made redundant, 15k for doing nothing? Yes please!
Worked about half the time from age 32 to 46 as Contractor scum, in jobs I generally disliked or eventually hated. Had 2-3 years between jobs. Snatching retirement chunks from the future. I figured, why leave retirement until I am too old to enjoy it? Took around 3 months to get a new job each time, I didn't care, I loved not working!
Played casino blackjack for a couple of years for ~8 hours a week, made £12k. Shuffling machines have stopped all that now, was bored of it anyway.
Decided at 40 I had better get a pension, threw money at it when working.
So at 46, when I walked out on the pathetic management at my last gig (FIS Birmingham, you see when you are retired, you really don't have to give a shit!), I had worked for a total of ~15 years, thoroughly enjoyed not working and was sick of working.
At 47 I realised maybe I don't actually need another job? Started paying real attention to my finances.
At 48, I have 110k cash & 140k pension = 250k. 4% a year dividends = 10k a year. I can live happily on that.
£800 a month is enough. I spent £350 a month in December and January, had a great time. Will get a PS5 when available, boiler is bound to break eventually. It all evens out.
My state pension fortells a sickly £117 per week. Meh. Forgive me for not factoring that in too much. Who knows where I will be in 20 years? Hopefully sleeping in late without an alarm clock.
submitted by Shoddy-Software6567 to LeanFireUK [link] [comments]

UK LibDem opinons on UK policy ideas (immigration, unions, advertising, electoral reform etc)

I'm not sure if this is allowed here. I would call myself an environmental libertarian-ish. I was a member of the Lib dems from 2012-2013. I am a Marxist in that I use a materialistic interpretation of history and events. I have some ideas that I think would benefit the UK. Some of which are in line with Lib Dem ideas. I would love to know what you guys think or what you think would be a better idea. Please criticize. I hope to have a dialogue about this as much as possible.
Drugs
Decriminalise all drugs (much like portugal) treat it as a mental health issue. A lot of people take drugs because of homelessness and poverty so by dealing with those hard drug use will go down. Legalise Cannabis, Mushrooms (and most hallucinegics), LSD, MDMA, Steroids and Cocaine (https://www.theguardian.com/commentisfree/2009/jun/13/bad-science-cocaine-study). Tax them inline with the estimated costs for misuse of them. Regulate them like tobacco and alcohol.
Obesity and Food
Ban the sale of energy drinks to children below 16. Ban the sale of very sweet confectionery and drinks to children below 16 (some Mexican states have done it recently), This includes in schools. Tax very fatty, sugary or nutritionally rare foods in line with what the estimated costs are for the NHS to deal with the health problems caused by them (much the same way we do with alcohol, tobacco and in my tax system other drugs). Possibly Ban the use of High Fructose Corn Syrup and Margarine in UK foods. Possibly make it mandatory to fortify very cheap foods with minerals and vitamins so the impoverished can get more nutrients. although the body doesn't absorb these very well so it might be pointless. Ban the Injection of water in meat to make it look bigger.
Plain Packaging and warning labels on Junk food like cigarettes. make the nutritional information for actual representative portions. If companies shrinkflate a product then they have to put it on the packaging of the product that they have done so. Ban the sale of Alcohol and Tobacco to pregnant women (not sure how you enforce this).
Make it illegal for a company/business to throw away food stuff and make them donate it to foodbanks/food charities (Like France)
Advertising/product placement/
Ban all adverts to children in any way. I think you could also make toys/mannequins sold in the UK have realistic proportions for both boys and girls. Ban junk food ads, alcohol ads, vaping ads, gambling ads, payday loan ads, ads for big SUV/highly polluting vehicles. Ban the sponsorship of events by any of these things either. Ban product placement, ban TV shows for kids that have toys explicitly linked to them. All ads that have photo shopped used need to a sign saying they've been photo shopped and very thin models have to have a medical certificate that they are healthy (like France).
Gambling/Games
Ban or reclassify Loot box systems in games. Make fixed odds betting machines have lower returns. Either tax very highly online gambling sites (spin wheel style), forced break periods or make it a state monolopy. Gambling is effectively a license to print money. Why shouldn't the state take the proceeds from what is a worthless noncontributing part of the economy. Either make the lottery state run and recieve all the profits for public work or ban it and replace it with a government bond deposit scheme like premium bonds but a lower threshold to enter.
NHS
repeal the Blair laws making the NHS act more a competitive business which have proved to ineffective. Make the English NHS system more in line with the Scottish system.
Tax or in some make people who do more dangerous activities pay a small amount extra for the increased likelihood of needing the services of the NHS like motorcyclists, horse riders, extreme sportspeople.
Ban the ever greening of drugs so they can be made cheaply and generically. If a pharma company has received funding to develop a drug then it must be sold at cost (or much lower profit). Somehow democratise the access to science and medical journals e.g. higher tax, made to be free if research was publicly funded, government run science journal).
Free speech
Repeal a lot of the Blair era censorship legislation. repeal with 2014 porn ban.
prostitution
Legalize brothels. but make prostitution licensed to stop sex trafficking. Mandate the wearing of a condom. Possibly make it that you can only be a prostitute if you hold a british passport to stop sex trafficking from abroad.
Trade Unions
repeal the anti-trade union legislation.
Electoral reform
I think a system like Single Transferrable Vote would be better than FPTP. I think that registered political parties should somehow get some minimum funding from the state to facilitate a healthy and varied democracy. Remove the hereditary peerages from the house of lords.
availability of credit
I don't think payment plans for normal consumer goods should be available. I think it should be harder to get a pay day loan than it currently is.
Fines
I think that fines for speeding, other fine-able offenses should be means tested and shouldn't have a cap.
Copyright
I think that Copyright should expire for everything after 50 years. So at the this point everything from before 1969 should be in the public domain. I think any British citizen creator who leaves the UK to not pay income tax should have the copyright for their work removed in the UK when they do leave.
Welfare
Introduce Universal basic income in the UK. Replace all the means tested and tedious bureaucracy associated with current system. I think it should start from 18 years old and increase slightly each year. Maybe start at 5,000 pounds and by your thirties move up to 10,000 pounds by the time you want to start having kids etc. I think UBI would make work always pay more than being on benefits. It would disincentive benefits fraud as well as people having children to acquire more benefits.
Tax
I do believe in a progressive taxation system. I think the tax free threshold should be raised. I think the brackets for taxation are good at the moment but I would add higher tax thresholds at higher rates e.g. 50% at 200,000, 60% at 500,000. I am unsure what the upper limit should be for tax rate or income. The rich will leave anyway (Jim ratcliffe most recenty) no matter what the tax rate is. If they ever wants to come into the UK they should have to pay to do so. If they have a knighthood it should be taken away.
Immigration.
Remove all EU citizens not in critical under supplied or high paying jobs from the UK as well migratory workers from outside the EU. Syrian Civil war refugees should go back as well, The war is over now. basically as many people as possible should be made to go back to their country of origin without directly endangering their lives. I think the pay threshold for workers to legally migrate here should be much higher probably 40,000 pounds a year. There should ideally be no net migration to the UK each year.
children and population growth
I think the UK should aim for net 0% population growth. I think couples who want to have kids should be made to screen for any hereditary recessive genetic diseases before they plan to have a child so they can know if they're kid is going to be disabled/Birthing complications. Possibly if a couple is high risk of a genetic diseased child people should have to have in the womb embryo testing as well to see if theyre child has any genetic diseases. I think people should be discouraged from having lots of children especially those without the means to provide for them. However if people do decide to have kids I think the provision for parenting should be a lot. 2+ years of paid maternity leave. Free parenting lessons, support as much as possible the needs of the child and mother in the critical early bonding years.
Ban all Child beauty pageants including trans ones (like France has done). I don't think children can legally consent to hormone replacement drugs. Ban Gay conversion therapy. I think the age of criminal responsibility should be raised should be raised to about 14. I think there are arguments to lower the age of consent in the UK to 15.
Euthanasia
Legalise child euthanasia (like belgium and the netherlands https://en.wikipedia.org/wiki/Groningen_Protocol). Legalise normal euthanasia for people of any age as well.
the environment
Library of things/Repair cafes in towns and cities to be able to more easily repairs good or not have to buy in the first place.
Ban or curtail the sale of bottled war. Install more water fountains and public bathrooms instead.
Government subsidy scheme to better insulate homes across country.
More extensive use of nuclear fission energy for electric generation.
Large scale food waste reclamation for Compost or animal feed.
Subsidy for Ground source heat pumps for poor households
Subsidy for Thermal exchangers in home for poor households
Make planned obselescene illegal. Make right to repair legally mandated.
simplify the amount and types of plastic products to make it easier to recycle goods. Ban non recyclable plastics from being used in single use items.
Ban paper junk mail and possibly free newspapers.
Make products label their expected lifetime (from average use) so consumer knows what a good long lasting product is. For large electric goods perhaps put a minimum expected lifespan for it to be sold in the UK.
I think you could legislate to make products illegal from rainforests or unsustainable harvested forest (palm oil specifically)
Tax loopholes
Make all gift-aid illegal, make art donations as tax write off illegal, donations to think tanks,charities illegal as tax write-offs,
Currently if you live outside the UK for more than 6 months you don't pay any income tax. I think the amount of income tax you pay should be proportionate for how long you spend in country with a bare minimum of 20% (estimate).
Make shell companies illegal so large multinationals can't escape to tax havens and not pay corporations tax. If they don't ban them from trading in the UK. This may need to be done in a coalition of states working together.
education
Repeal Blair era education legislation that created needless hoops and paper work for teachers. Repeal new laws that teachers can you sources from anti-capitalist, anti-democratic sources etc. Repeal the Gove/Cameron legislation that made schools behave like businesses. The point of school is for the kids to work hard and earn qualifications not the teacher. It is an inherently discriminatory system. allow at GCSE much more education in technical qualifications. e.g. bricklaying, carpentry, electricians, machine work, DJing etc . I don't think they need to start doing it at 16 or above. I think there's an argument that children should be able to leave school at 16. Some of the courses they do are pointless. Apprenticeship pay is so low that in the short term it makes more sense to get a minimum wage job. Atleast make apprenticeship pay in line with minimum wage to incentivise it rather than literally force kids to be extremely cheap labour like now.
self defense
I think it should be legal to carry around pepper spray, mace or stun gun especially for women. The criminals already have weapons. Why not decriminalise the ability for an individual to defend themselves especially women. Free female self defence classes.
BBC
Release all BBC created media onto the Iplayer. The British Tax payer paid for it. Why shouldn't they be able to access it. Perhaps make a BBC iplayer app to host it all for foreigners to use and pay for like Netflix.
business
Make corporations who sell goods in the UK prove that they don't come from slave/child labour. If they don't then they can't sell that product in the UK. Ban or reclassify Multi Level Marketting companies as Ponzi Schemes. Label Scientology as a cult (like Germany has). Regulate detox tea and supplements like any other medicine/pharmaceutical. One day a year allow any to search for a named person and see what their salary is (Norway does this). Get rid of 1 and 2 penny, they cost too much to make for what they are.
Government
Ban former MPs from ever holding any business position once they retire. Make them divest all their business interests before being an MP. Make their spouses and children's company's to never receive state money or have a job in a state enterprise. Same goes for Generals/Civil Servants. Spread of Government facilities from London to other cities e.g. does any every ministry need to be in London? Pay HMRC accountants/auditors much more than they a company would so they tell the government the loopholes companies use to not pay tax. Make it Financially rewarding to be ethical.
VAT
Remove VAT for resold,recycled products, upcycled products, products that are good the planet (re-chargeable batteries, battery chargers). Effectively re brand VAT as a carbon tax. Completely remove VAT on sanitary products, all energy efficiency/saving products.
University
make universities offer their humanities subjects as an online only option as well as in person so that people can do their degree from anywhere and not necessarily in the expensive university town. The course would be cheaper. Make foreign students pay for their healthcare when they are here. Give less money to unis with more beneficiary (e.g. red brick unis). They already have so many endowments they don't need as much from the state. Foreign students can't work at all while studying here.
Housing
Change the rental legislation that tenants can legally not pay full rent if a landlord hasn't done repairs to the standard of the property when the renter moved in.
No foreigner can own more than 2 homes in the UK (in Thailand you can't own any property unless you're Thai)
Cap the number of a properties anyone can own. especially for buy to let landlords.
If a house has sat vacant for too long it has to be put on the market as a competitive price.
Rent control for a property inline with inflation for renters.
Houses cannot be treated as an investment where it doesn't matter if its occupied or not. A roof over ones head is a right.
Homelessness
Expand the access to homeless shelters. The best way to stop human and sex trafficking as well hard drug use to is stop homelessness.
migratory farm workers
Ban migratory farm workers in the UK. There are thousands of underemployed Uni, GCSE, college and A level students who have months off school in the picking season. Why not pay them to pick fruit and vegetables? Same thing goes for homeless people. Get them all to pick fruit and veg.
littering & dog tax
Small tax on having a dog to pay for dog park maintenance, dog bins, etc. Small tax on single use packaging to pay for more Bins on high street, bins to be emptied more regularly to reduce littering. Same small tax on tobacco for cigarette butt bins.
Misc
Legalise Polygamy.
These are all my ideas. Please critique them.
submitted by MemeTimeRadioHour to LibDem [link] [comments]

UK Labour opinions on UK policy ideas (immigration, unions, advertising, electoral reform etc)

I'm not sure if this is allowed here. I would call myself an environmental libertarian-ish. I am member of the Labour Party. I am a Marxist in that I use a materialistic interpretation of history and events. I have some ideas that I think would benefit the UK. Some of which are in line with Labour ideas. I would love to know what you guys think or what you think would be a better idea. Please criticize. I hope to have a dialogue about this as much as possible.
Drugs
Decriminalise all drugs (much like portugal) treat it as a mental health issue. A lot of people take drugs because of homelessness and poverty so by dealing with those hard drug use will go down. Legalise Cannabis, Mushrooms (and most hallucinegics), LSD, MDMA, Steroids and Cocaine (https://www.theguardian.com/commentisfree/2009/jun/13/bad-science-cocaine-study). Tax them inline with the estimated costs for misuse of them. Regulate them like tobacco and alcohol.
Obesity and Food
Ban the sale of energy drinks to children below 16. Ban the sale of very sweet confectionery and drinks to children below 16 (some Mexican states have done it recently), This includes in schools. Tax very fatty, sugary or nutritionally rare foods in line with what the estimated costs are for the NHS to deal with the health problems caused by them (much the same way we do with alcohol, tobacco and in my tax system other drugs). Possibly Ban the use of High Fructose Corn Syrup and Margarine in UK foods. Possibly make it mandatory to fortify very cheap foods with minerals and vitamins so the impoverished can get more nutrients. although the body doesn't absorb these very well so it might be pointless.
Plain Packaging and warning labels on Junk food like cigarettes. make the nutritional information for actual representative portions. If companies shrinkflate a product then they have to put it on the packaging of the product that they have done so. Ban the sale of Alcohol and Tobacco to pregnant women (not sure how you enforce this).
Make it illegal for a company/business to throw away food stuff and make them donate it to foodbanks/food charities (Like France)
Advertising/product placement/
Ban all adverts to children in any way. I think you could also make toys/mannequins sold in the UK have realistic proportions for both boys and girls. Ban junk food ads, alcohol ads, vaping ads, gambling ads, payday loan ads, ads for big SUV/highly polluting vehicles. Ban the sponsorship of events by any of these things either. Ban product placement, ban TV shows for kids that have toys explicitly linked to them. All ads that have photo shopped used need to a sign saying they've been photo shopped and very thin models have to have a medical certificate that they are healthy (like France).
Gambling/Games
Ban or reclassify Loot box systems in games. Make fixed odds betting machines have lower returns. Either tax very highly online gambling sites (spin wheel style), forced break periods or make it a state monolopy. Gambling is effectively a license to print money. Why shouldn't the state take the proceeds from what is a worthless noncontributing part of the economy. Either make the lottery state run and recieve all the profits for public work or ban it and replace it with a government bond deposit scheme like premium bonds but a lower threshold to enter.
NHS
repeal the Blair laws making the NHS act more a competitive business which have proved to ineffective. Make the English NHS system more in line with the Scottish system.
Tax or in some make people who do more dangerous activities pay a small amount extra for the increased likelihood of needing the services of the NHS like motorcyclists, horse riders, extreme sportspeople.
Ban the ever greening of drugs so they can be made cheaply and generically. If a pharma company has received funding to develop a drug then it must be sold at cost (or much lower profit). Somehow democratise the access to science and medical journals e.g. higher tax, made to be free if research was publicly funded, government run science journal).
Free speech
Repeal a lot of the Blair era censorship legislation. repeal with 2014 porn ban.
prostitution
Legalize brothels. but make prostitution licensed to stop sex trafficking. Mandate the wearing of a condom. Possibly make it that you can only be a prostitute if you hold a british passport to stop sex trafficking from abroad.
Trade Unions
repeal the anti-trade union legislation.
Electoral reform
I think a system like Single Transferrable Vote would be better than FPTP. I think that registered political parties should somehow get some minimum funding from the state to facilitate a healthy and varied democracy. Remove the hereditary peerages from the house of lords.
availability of credit
I don't think payment plans for normal consumer goods should be available. I think it should be harder to get a pay day loan than it currently is.
Fines
I think that fines for speeding, other fine-able offenses should be means tested and shouldn't have a cap.
Copyright
I think that Copyright should expire for everything after 50 years. So at the this point everything from before 1969 should be in the public domain. I think any British citizen creator who leaves the UK to not pay income tax should have the copyright for their work removed in the UK when they do leave.
Welfare
Introduce Universal basic income in the UK. Replace all the means tested and tedious bureaucracy associated with current system. I think it should start from 18 years old and increase slightly each year. Maybe start at 5,000 pounds and by your thirties move up to 10,000 pounds by the time you want to start having kids etc. I think UBI would make work always pay more than being on benefits. It would disincentive benefits fraud as well as people having children to acquire more benefits.
Tax
I do believe in a progressive taxation system. I think the tax free threshold should be raised. I think the brackets for taxation are good at the moment but I would add higher tax thresholds at higher rates e.g. 50% at 200,000, 60% at 500,000. I am unsure what the upper limit should be for tax rate or income. The rich will leave anyway (Jim ratcliffe most recenty) no matter what the tax rate is. If they ever wants to come into the UK they should have to pay to do so. If they have a knighthood it should be taken away.
Immigration.
Remove all EU citizens not in critical under supplied or high paying jobs from the UK as well migratory workers from outside the EU. Syrian Civil war refugees should go back as well, The war is over now. basically as many people as possible should be made to go back to their country of origin without directly endangering their lives. I think the pay threshold for workers to legally migrate here should be much higher probably 40,000 pounds a year. There should ideally be no net migration to the UK each year.
children and population growth
I think the UK should aim for net 0% population growth. I think couples who want to have kids should be made to screen for any hereditary recessive genetic diseases before they plan to have a child so they can know if they're kid is going to be disabled/Birthing complications. Possibly if a couple is high risk of a genetic diseased child people should have to have in the womb embryo testing as well to see if theyre child has any genetic diseases. I think people should be discouraged from having lots of children especially those without the means to provide for them. However if people do decide to have kids I think the provision for parenting should be a lot. 2+ years of paid maternity leave. Free parenting lessons, support as much as possible the needs of the child and mother in the critical early bonding years.
Ban all Child beauty pageants including trans ones (like France has done). I don't think children can legally consent to hormone replacement drugs. Ban Gay conversion therapy. I think the age of criminal responsibility should be raised should be raised to about 14. I think there are arguments to lower the age of consent in the UK to 15.
Euthanasia
Legalise child euthanasia (like belgium and the netherlands https://en.wikipedia.org/wiki/Groningen_Protocol). Legalise normal euthanasia for people of any age as well.
the environment
Library of things/Repair cafes in towns and cities to be able to more easily repairs good or not have to buy in the first place.
Ban or curtail the sale of bottled war. Install more water fountains and public bathrooms instead.
Government subsidy scheme to better insulate homes across country.
More extensive use of nuclear fission energy for electric generation.
Large scale food waste reclamation for Compost or animal feed.
Subsidy for Ground source heat pumps for poor households
Subsidy for Thermal exchangers in home for poor households
Make planned obselescene illegal. Make right to repair legally mandated.
simplify the amount and types of plastic products to make it easier to recycle goods. Ban non recyclable plastics from being used in single use items.
Ban paper junk mail and possibly free newspapers.
Make products label their expected lifetime (from average use) so consumer knows what a good long lasting product is. For large electric goods perhaps put a minimum expected lifespan for it to be sold in the UK.
I think you could legislate to make products illegal from rainforests or unsustainable harvested forest (palm oil specifically)
Tax loopholes
Make all gift-aid illegal, make art donations as tax write off illegal, donations to think tanks,charities illegal as tax write-offs,
Currently if you live outside the UK for more than 6 months you don't pay any income tax. I think the amount of income tax you pay should be proportionate for how long you spend in country with a bare minimum of 20% (estimate).
Make shell companies illegal so large multinationals can't escape to tax havens and not pay corporations tax. If they don't ban them from trading in the UK. This may need to be done in a coalition of states working together.
education
Repeal Blair era education legislation that created needless hoops and paper work for teachers. Repeal new laws that teachers can you sources from anti-capitalist, anti-democratic sources etc. Repeal the Gove/Cameron legislation that made schools behave like businesses. The point of school is for the kids to work hard and earn qualifications not the teacher. It is an inherently discriminatory system. allow at GCSE much more education in technical qualifications. e.g. bricklaying, carpentry, electricians, machine work, DJing etc . I don't think they need to start doing it at 16 or above. I think there's an argument that children should be able to leave school at 16. Some of the courses they do are pointless. Apprenticeship pay is so low that in the short term it makes more sense to get a minimum wage job. Atleast make apprenticeship pay in line with minimum wage to incentivise it rather than literally force kids to be extremely cheap labour like now.
self defense
I think it should be legal to carry around pepper spray, mace or stun gun especially for women. The criminals already have weapons. Why not decriminalise the ability for an individual to defend themselves especially women. Free female self defence classes.
BBC
Release all BBC created media onto the Iplayer. The British Tax payer paid for it. Why shouldn't they be able to access it. Perhaps make a BBC iplayer app to host it all for foreigners to use and pay for like Netflix.
business
Make corporations who sell goods in the UK prove that they don't come from slave/child labour. If they don't then they can't sell that product in the UK. Ban or reclassify Multi Level Marketting companies as Ponzi Schemes. Label Scientology as a cult (like Germany has). Regulate detox tea and supplements like any other medicine/pharmaceutical. One day a year allow any to search for a named person and see what their salary is (Norway does this).
Government
Ban former MPs from ever holding any business position once they retire. Make them divest all their business interests before being an MP. Make their spouses and children's company's to never receive state money or have a job in a state enterprise. Same goes for Generals/Civil Servants. Spread of Government facilities from London to other cities e.g. does any every ministry need to be in London? Pay HMRC accountants/auditors much more than they a company would so they tell the government the loopholes companies use to not pay tax. Make it Financially rewarding to be ethical.
VAT
Remove VAT for resold,recycled products, upcycled products, products that are good the planet (re-chargeable batteries, battery chargers). Effectively re brand VAT as a carbon tax. Completely remove VAT on sanitary products, all energy efficiency/saving products.
Voting
Like Australia make it mandatory to go to the polling booth.
University
make universities offer their humanities subjects as an online only option as well as in person so that people can do their degree from anywhere and not necessarily in the expensive university town. The course would be cheaper. Make foreign students pay for their healthcare when they are here. Give less money to unis with more beneficiary (e.g. red brick unis). They already have so many endowments they don't need as much from the state. Foreign students can't work at all while studying here.
Tourism
Make foreigners pay to get into British Museums especially the big ones in london. I realise this may be cost prohibitive for smaller Museums.
Housing
Change the rental legislation that tenants can legally not pay full rent if a landlord hasn't done repairs to the standard of the property when the renter moved in.
No foreigner can own more than 2 homes in the UK (in Thailand you can't own any property unless you're Thai)
Cap the number of a properties anyone can own. especially for buy to let landlords.
If a house has sat vacant for too long it has to be put on the market as a competitive price.
Rent control for a property inline with inflation for renters.
Houses cannot be treated as an investment where it doesn't matter if its occupied or not. A roof over ones head is a right.
Homelessness
Expand the access to homeless shelters. The best way to stop human and sex trafficking as well hard drug use to is stop homelessness.
migratory farm workers
Ban migratory farm workers in the UK. There are thousands of underemployed Uni, GCSE, college and A level students who have months off school in the picking season. Why not pay them to pick fruit and vegetables? Same thing goes for homeless people. Get them all to pick fruit and veg.
littering & dog tax
Small tax on having a dog to pay for dog park maintenance, dog bins, etc. Small tax on single use packaging to pay for more Bins on high street, bins to be emptied more regularly to reduce littering. Same small tax on tobacco for cigarette butt bins.
These are all my ideas. Please critique them.
submitted by MemeTimeRadioHour to LabourUK [link] [comments]

UK Labour opinions on Uk policy ideas (immigration, unions, advertising, electoral reform etc)

I would call myself an environmental libertarian-ish. I am a Marxist in that I use a materialistic interpretation of history and events. I have some ideas that I think would benefit the UK. Some of which are in line with Labour ideas. I would love to know what you guys think or what you think would be a better idea. Please criticize. I hope to have a dialogue about this as much as possible.
Drugs
de criminalise all drugs (much like portugal) treat it as a mental health issue. A lot of people take drugs because of homelessness and poverty so by dealing with those hard drug use will go down. Legalise Cannabis, Mushrooms (and most hallucinegics), LSD, MDMA, Steroids and Cocaine (https://www.theguardian.com/commentisfree/2009/jun/13/bad-science-cocaine-study). tax them inline with the estimated costs for misuse of them. regulate them like tobacco and alcohol.
Obesity and Food
Ban the sale of energy drinks to children below 16. ban the sale of very sweet confectiionary and drinks to children below 16 (some mexican states have done it recently), This includes in schools. tax very fatty, sugary or nutritionly rare foods in line with what the estimated costs are for the NHS to deal with the health problems caused by them (much the same way we do with alcohol, tobacco and in my tax system other drugs). Possibly make it mandatory to fortify very cheap foods with minerals and vitamins so the impoverished can get more nutrients. although the body doesnt absorb these very well so it might be pointless. Plain Packaging and warning labels on Junk food like cigarettes. make the nutritional information for actual representative portions. Possibly Ban the use of High Fructose Corn Syrup and Margarine in UK foods. If companies shrinkflate a product then they have to put it on the packaging of the product that they have done so. Ban the sale of Alcohol and Tobacco to pregnant women (not sure how you enforce this).
Make it illegal for a company/business to throw away food stuff and make them donate it to foodbanks/food charities.
Advertising/product placement/
Ban all adverts to children in any way. I think you could also make toys/mannequins sold in the UK have realistic proportions for both boys and girls. Ban junk food ads, alcohol ads, vaping ads, gambling ads, payday loan ads, ads for big SUV/highly polluting vehicles. Ban the sponsorship of events by any of these things either .Ban product placement, ban TV shows for kids that have toys explicitly linked to them. All ads that have photoshopped used need to a sign saying they've been photoshopped and very thin models have to have a medical certificate that they are healthy (like france).
Gambling/Games
Ban or reclassify Loot box systems in games. Make fixed odds betting machines have lower returns. Either tax very highly online gambling sites (spin wheel style), forced break periods or make it a state monolopy. Gambling is effectively a license to print money. why shouldn't the state take the proceeds from what is a worthless noncontributing part of the economy. Either make the lottery state run and recieve all the profits for public work or ban it and replace it with a government bond deposit scheme like premium bonds but a lower threshold to enter.
NHS
repeal the Blair laws making the NHS act more a competitive business which have proved to ineffective. Make the English NHS system more in line with the Scottish system.
Tax or in some make people who do more dangerous activities pay a small amount extra for the increased likelihood of needing the services of the NHS like motorcyclists, horse riders, extreme sportspeople.
Ban the evergreening of drugs so they can be made cheaply and generically. If a pharma company has recieved funding to develop a drug then it must be sold at cost (or much lower profit). Somehow democratise the access to science and medical journals e.g. higher tax, made to be free if research was publicly funded, government run science journal).
Free speech
repeal a lot of the Blair era censorship legislation. repeal with 2014 porn ban.
prostitution
legalize brothels. but make prostitution licensed to stop sex trafficking. Mandate the wearing of a condom. Possibly make it that you can only be a prostitute if you hold a british passport to stop sex trafficking from abroad.
Trade Unions
repeal the anti-trade union legislation.
Electoral reform
I think a system like Single Transferrable Vote would be better than FPTP. I think that registered political parties should somehow get some minimum funding from the state to facilitate a healthy and varied democracy. Remove the hereditary peerages from the house of lords.
availability of credit
I don't think payment plans for normal consumer goods should be available. I think it should be harder to get a pay day loan than it currently is.
Fines
I think that fines for speeding, other fine-able offenses should be means tested and shouldn't have a cap.
Copyright
I think that Copyright should expire for everything after 50 years. So at the this point everything from before 1969 should be in the public domain. I think any British citizen creator who leaves the UK to not pay income tax should have the copyright for their work removed in the UK when they do leave.
Welfare
Introduce Universal basic income in the UK. replace all the means tested and tedious bureaucracy associated with current system. I think it should start from 18 years old and increase slightly each year. Maybe start at 5,000 pounds and by your thirties move up to 10,000 pounds by the time you want to start having kids etc. I think UBI would make work always pay more than being on benefits. It would disincentive benefits fraud as well as people having children to acquire more benefits.
Tax
I do believe in a progressive taxation system. I think the tax free threshold should be raised. I think the brackets for taxation are good at the moment but I would add higher tax thresholds at higher rates e.g. 50% at 200,000, 60% at 500,000. I am unsure what the upper limit should be for tax rate or income. The rich will leave anyway (Jim ratcliffe most recenty) no matter what the tax rate is. If they ever wants to come into the UK they should have to pay to do so. If they have a knighthood it should be taken away.
Immigration.
remove all EU citizens not in critical under supplied or high paying jobs from the UK as well migratory workers from outside the EU. Syrian Civil war refugees should go back as well. basically as many people as possible should be made to go back to their country of origin without directly endangering their lives. I think the pay threshold for workers to legally migrate here should be much higher probably 40,000 pounds a year. there should be not net migration to the UK each year.
children and population growth
I think the UK should aim for net 0% population growth. I think couples who want to have kids should be made to screen for any hereditary recessive genetic diseases before they plan to have a child so they can know if they're kid is going to be disabled. Possibly people should have to have in the womb embryo testing as well to see if theyre child has any genetic diseases. I think people should be discouraged from having lots of children especially those without the means to provide for them. however if people do decide to have kids I think the provision for parenting should be a lot. 2+ years of paid maternity leave. free parenting lessons, support as much as possible the needs of the child and mother in the critical early bonding years. Ban all Child beauty pageants including trans ones (like france has done). I don't think childen can legally consent to hormone replacement drugs. Ban Gay conversion therapy. I think the age of criminal responsibility should be raised should be raised to about 14. I think there are arguments to lower the age of consent in the UK to 15.
Euthanasia
legalise child euthanasia (like belgium and the netherlands https://en.wikipedia.org/wiki/Groningen_Protocol). Legalise normal euthanasia for people of any age as well.
the environment
Library of things/Repair cafes in towns and cities to be able to more easily repairs good or not have to buy in the first place.
Ban or curtail the sale of bottled war. Install more water fountains and public bathrooms instead.
Government subsidy scheme to better insulate homes across country.
More extensive use of nuclear fission energy for electric generation.
Large scale food waste reclamation for Compost or animal feed.
Subsidy for Ground source heat pumps for poor households
Subsidy for Thermal exchangers in home for poor households
Make planned obselescene illegal. Make right to repair legally mandated.
simplify the amount and types of plastic products to make it easier to recycle goods. Ban non recyclable plastics from being used in single use items.
Ban paper junk mail and possibly free newspapers.
Make products label their expected lifetime (from average use) so consumer knows what a good long lasting product is. For large electric goods perhaps put a minimum expected lifespan for it to be sold in the UK.
I think you could legislate to make products illegal from rainforests or unsustainable harvested forest (palm oil specifically)
Tax loopholes
make all gift-aid illegal, make art donations as tax write off illegal, donations to think tanks,charities illegal as tax write-offs,
currently if you live outside the UK for more than 6 months you don't pay any income tax. I think the amount of income tax you pay should be proportionate for how long you spend in country with a bare minimum of 20% (estimate).
Make shell companies illegal so large multinationals can't escape to tax havens and not pay corporations tax. If they don't ban them from trading in the UK. This may need to be done in a coalition of states working together.
education
repeal Blair era education legislation that created needless hoops and paper work for teachers. repeal new laws that teachers can you sources from anti-capitalist, anti-democratic sources etc. repeal the Gove/Cameron legislation that made schools behave like businesses. The point of school is for the kds to work hard and earn qualifications not the teacher. It is an inherently discriminatory system. allow at GCSE much more education in technical qualifications. e.g. bricklaying, carpentry, electricians etc, machine work. I don't think they need to start at 16 or above. I think theres an argument that children should be able to leave school at 16. Some of the courses they do are pointless. Apprenticeship pay is so low that in the short term it makes more sense to get a minimum wage job. Atleast make apprenticeship pay in line with minimum wage to incentivise it rather than literally force kids to be extremely cheap labour.
self defense
I think it should be legal to carry around pepper spray, mace or stun gun. The criminals already have weapons. Why not decriminalise the ability for an individual to defend themselves especially women. Free female self defence classes.
BBC
release all BBC created media onto the Iplayer. The British Tax payer paid for it. Why shouldn't they be able to access it. Perhaps make a BBC iplayer app to host it all for foreigners to use and pay for like Netflix.
business
Make corporations who sell goods in the UK prove that they don't come from slave/child labour. If they don't then they can't sell that product in the UK. Ban or reclassify Multi Level Marketting companies as Ponzi Schemes. Label Scientology as a cult (like germany has). Regulate detox tea and supplements like any other medicine/pharmaceutical. one day a year allow any to search for a named person and see what their salary is (norway does this).
Government
Ban former MPs from ever holding any business position once they retire. Make them divest all their business interests before being an MP. Make their spouses and children's company's to ever recieve state money or have a job in a state enterprise. Same goes for Generals/Civil Servants. Spread of Governemnt facilites from London to other cities e.g. does any every ministry need to be in London? Pay HMRC accountants/auditors much more than they a company would so they tell the government the loopholes companies use to not pay tax. make it Financially rewarding to be ethical.
VAT
remove VAT for resold,recycled products, upcycled products, products that are good the planet (re-chargeable batteries, battery chargers). effectively rebrand VAT as a carbon tax. completely remove VAT on sanitary products, all energy efficiency/saving products.
Voting
like Australia make it mandatory to go to the polling booth.
University
make universities offer their humanities subjects as online only option so that people can do their degree from anywhere and not necessarily in the expensive university town. the course would be cheaper. Make foreign students pay for their healthcare when they are here. Give less money to unis with more beneficiarys (e.g. red brick unis). They already have so many endowments they don't need as much from the state. Foreigns students can't work at all while studying here.
Tourism
make foreigners pay to get into British Museums especially the big ones in london. I realise this may be cost prohibitive for smaller Museums.
Housing
change the rental legislation that tenants can legally not pay full rent if a landlord hasn't done repairs to the standard of the property when the renter moved in.
No foreigner can own more than 2 homes in the UK (in thailand you can't own any property unless you're thai)
Cap the number of a properties anyone can own. especially for buy to let landlords.
If a house has sat vacant for too long it has to be put on the market as a competitive price.
rent control for a property inline with inflation for renters.
houses cannot be treated as an investment where it doesn't matter if its occupied or not. a roof over ones head is a right.
Homelessness
expand the access to homeless shelters. the best way to stop human and sex trafficking as well hard drug use to is stop homelessness.
migratory farm workers
ban migratory farm workers in the UK. there are thousands of Uni, GCSE, college and A level students who have months off school in the picking season. Why not get them to pick fruit and vegetables? same thing goes for homeless people. Get them all to pick fruit and veg.
littering & dog tax
small tax on having a dog to pay for dog park maintenance, dog bins, etc. small tax on single use packaging to pay for more Bins on high street, bins to be emptied more regularly to reduce littering. Same small tax on tobacco for cigarette butt bins.
These are all my ideas. Please critique them.
submitted by MemeTimeRadioHour to Labour [link] [comments]

Anonymity by State/Country: Comprehensive Global Guide III

Ever since i started playing regularly, i've researched anonymity in places. Here is what i have for each state plus a bunch of other countries. If anything is outdated or incorrect, please comment.
United States
Alabama: No current lottery. Source: https://www.wtvy.com/content/news/Lottery-bill-other-legislation-is-likely-dead-in-Alabama-legislature-569059451.html
Alaska: No current lottery/Not Anonymous. "Unlike most other states, Alaska doesn’t have a state-sponsored lottery." Source: https://www.lotterycritic.com/lottery-results/alaska/ Alaska does permit charities to run lotteries, the largest one is Not Anonymous. Source: http://www.lottoalaska.com/
Alaska's governor has proposed a bill to create an official Alaska State Lottery. Source: https://apnews.com/78cacca5137f6b47e41be2de37600044
American Samoa: No current lottery. Source: https://simonsblogpark.com/onlinegambling/simons-guide-to-gambling-in-american-samoa/amp/
Arizona: 100% Anonymous if requested by the winner for all wins of $100,000 and over. Source: https://www.nbcnews.com/news/us-news/arizona-becomes-latest-state-shield-lottery-winners-names-n995696
Arkansas: Not Anonymous/Other entities unclear. "Winner information is subject to disclosure under the Arkansas Freedom of Information Act (FOIA). A winner who receives a prize or prize payment from the ASL grants the ASL, its agents, officers, employees, and representatives the right to use, publish (in print or by means of the Internet) and reproduce the winner’s name, physical likeness, photograph, portraits, and statements made by the winner, and use audio sound clips and video or film footage of the winner for the purpose of press releases, advertising, and promoting the ASL". Source: https://www.myarkansaslottery.com/claim-your-prize
California: Not Anonymous/Only individuals can claim. “ The name and location of the retailer who sold you the winning ticket, the date you won and the amount of your winnings are also matters of public record and are subject to disclosure. You can form a trust prior to claiming your prize, but our regulations do not allow a trust to claim a prize. Understand that your name is still public and reportable”. Source: https://static.www.calottery.com/~/media/Publications/Popular_Downloads/winners-handbook-October%202018-%20English.pdf
Colorado: Not Anonymous/Anonymous via trust. “As part of the Open Records Act, we are required to release to the public your name, hometown, amount you won and the game you played. This information will be posted on coloradolottery.com and will be furnished to media upon request.” Source: https://www.coloradolottery.com/en/games/lotto/claim-winnings/ Source: https://denver.cbslocal.com/2016/01/15/in-colorado-and-other-states-lottery-winners-can-keep-names-secret/
Connecticut: Not Anonymous/Anonymous via a trust or LLC, "Certain information about our winners is public information: Winner's name and place of residence, date of claim, game played, prize amount won, and the selling retailer's name and location. While most winners claim prizes using their individual names, some winners come forward using other legal entities (i.e., trusts, business partnership) to claim their prizes. In those instances, the Lottery will promote the win using that legal entity's name. For more information about such instances, please consult your personal accountant or legal advisor.” Source: https://www.ctlottery.org/Content/winner_publicity.aspx
Delaware: 100% Anonymous if requested by winner. "Many winners have chosen to remain anonymous, as allowed by state law, but their excitement is yours to share!" Source: https://www.delottery.com/Winners and https://www.delottery.com/FAQs
DC: Not Anonymous/Anonymous via a trust or LLC. Anonymous question is not directly answered on lottery website. "In the District of Columbia, specific lottery winner information is public record." However, a Powerball Jackpot win was claimed via a LLC in 2009. Source: http://www.washingtonpost.com/wp-dyn/content/article/2009/05/04/AR2009050402008.html
Florida: Not Anonymous/Anonymous via LLC. "Florida Lottery winners cannot remain anonymous. Florida law mandates that the Florida Lottery provide the winner's name, city of residence, game won, date won and amount won to any third party who requests the information; however Florida Lottery winners' home addresses and telephone numbers are confidential." Source: http://www.flalottery.com/faq
The Florida Lottery allows trusts to claim it, however winner information is still released in compliance with the law. A $15 Million jackpot was claimed by an LLC. Source: https://www.fox13news.com/amp/consumehit-the-lottery-remain-anonymous-not-in-florida Source: http://flalottery.com/pressRelease?searchID=199128
Georgia: 100% Anonymous if requested by the winner for all prizes over $250,000. Source: https://www.stl.news/georgia-governor-signs-bill-allowing-lottery-winners-remain-anonymous/121962/
Guam: Anonymity appears to be an option. Source: https://www.kuam.com/story/11218413/guamanian-wins-big-in-sportsbingo-but-has-yet-to-claim-2m-prize
Hawaii: No current lottery. Source: https://www.kitv.com/story/40182224/powerball-or-mega-millions-lottery-in-hawaii
Idaho: Not Anonymous."By claiming a winning lottery ticket over $600, winners become subject to Idaho’s Public Records Law. This means your “win” becomes an offcial Idaho public record. Your full name, the town where you live, the game you won, the amount you won (before and after taxes), the name of the retailer where you bought the ticket, and the amount the retailer receives for selling the ticket are all a matter of public record." Can seek anonymity if you have specific security concerns (rarely granted). Source: https://www.idaholottery.com/images/uploads/general/winnersguideweb.pdf
Illinois: Not Anonymous/Anonymous if requested by winner for all wins over $250,000 however info will be released to a FOIA request. "However, Murphy also cooperated with the Illinois Press Association in adding an amendment that ensures that Freedom of Information Act, an act designed to keep government agencies transparent by allowing the public to access any public record by request, supersedes the privacy law, according to attorney Don Craven, the press association’s legal counsel." Source: https://www.thetelegraph.com/news/article/Hidden-riches-Big-lottery-winner-in-Beardstown-13626173.php
Indiana: Not Anonymous/Anonymous via LLC or trust. "Indiana law allows lottery jackpot winners to remain anonymous, with the money being claimed by a limited liability company or legal trust." Source: https://www.chicagotribune.com/nation-world/ct-indiana-mega-millions-winners-20160729-story.html
Iowa: Not Anonymous/Can use a trust to claim but information will be released. "When you win an Iowa Lottery prize of $600 or more, you have to fill out a winner claim form that includes your name, address and Social Security number before you can claim your winnings. Iowa law makes the information on that claim form public, meaning that anyone can request a copy of the form to see who has won the prize. We redact sensitive information, such as your Social Security number, from the form before we release it, but all other details are considered public information under Iowa law (Iowa Code Section 99G.34(5)." Source: https://www.ialotteryblog.com/2008/11/can-prize-winne.html.
For group play, "Prizes can be paid to players who play as a group. A check can be written to an entity such as a trust or to a single individual." Source: https://ialottery.com/pages/Games/ClaimingPrizes.aspx
Kansas: 100% Anonymous if requested by the winner. "Kansas is one of a handful of states that does not have this requirement. If you win a prize in Kansas, you may request that your identity not be released publicly." Source: https://www.kslottery.com/faqs#faq-8
Kentucky: Anonymity appears to be an option. Anonymity or who can claim is not addressed on lottery website. But multiple instances of winners claiming anonymously have been reported in the news. "Kentucky Lottery spokesman Chip Polson said the $1 million Powerball winner claimed the prize on May 15 and the Mega Million winner claimed the prize on May 12. He confirmed that both players wanted their identity to remain a secret." Source: https://www.courier-journal.com/story/news/local/2017/05/19/two-1-million-lottery-winners-who-bought-tickets-louisville-want-privacy/101870414/
Louisiana: Not Anonymous/Anonymous via trust. "Under the Lottery's statute, all prize payment records are open records, meaning that the public has a right to request the information. Depending upon the amount won and public or media interest in the win, winners may NOT be able to remain anonymous. The statute also allows the Lottery to use winners' names and city of residence for publicity purposes such as news releases. The Lottery's regular practice is not to use winner information in paid advertising or product promotion without the winner's willingness to participate. Source: https://louisianalottery.com/faq/easy-5#35 Source: https://louisianalottery.com/article/1050/the-williams-trust-claims-share-of-50-million-powerball-jackpot
Maine: Not Anonymous/Anonymous via trust. "In the event that Maine does have a Mega Millions winner, he or she can opt to remain anonymous — but Boardman says that’s never happened. “What a winner could do in Maine is they could file their claim in the name of a trust, and the trust becomes the winner. So that’s how a winner could claim their ticket anonymously,” he says." Source: https://www.mainepublic.org/post/lottery-official-reminds-mainers-they-re-exceedingly-unlikely-win-16-billion-jackpot
Maryland*: Not Anonymous by Law, Anonymous in Practice. "However, the legal basis for this anonymity in Maryland is thin. The Maryland Lottery does not advertise that lottery winners may remain anonymous, but it posts articles on its website about winners and notes those winners who have “chosen to remain anonymous:” Source: https://www.gw-law.com/blog/anonymity-maryland-lottery-winners
*"Please note that this anonymity protection does not apply to second-chance and Points for Drawings contests run through the My Lottery Rewards program. Those contests are run as promotions for the Lottery. As such, they are operated under a different set of rules than our draw games and scratch-off games. The rules of participating in our second-chance and Points for Drawings contests state that winners' identities are published."" Source: https://www.mdlottery.com/about-us/faqs/
Massachusetts: Not Anonymous/Anonymous via trust "Lottery regulations state that a claimant's name, city or town, image, amount of prize, claim date and game are public record. Therefore, photographs may be taken and used to publicize winnings." Source: https://www.masslive.com/news/2018/05/lottery_sees_increase_in_winne.html
Michigan: Not Anonymous for Powerball and Mega Millions/100% Anonymous if requested by the winner for all other winners over $10,000. "Winner Anonymity. Michigan law requires written consent before disclosing the identity of the winner of $10,000 or more from the State lottery games Lotto47 and Fantasy 5. You further understand and agree that your identity may be disclosed, and that disclosure may be required, as the winner of any prize from the multi-state games Powerball and Mega Millions." Source: https://www.michiganlottery.com/games/mega-millions
Minnesota: Not Anonymous. Anonymity or who can claim is not addressed on lottery website but lottery blog states "In Minnesota, lottery winners cannot remain anonymous. A winner's name, city, prize amount won and the place that the winning ticket was sold is public data and will be released to media and posted on our website." Source: https://www.mnlottery.com/blog/you-won-now-what
Mississippi: 100% Anonymous if requested by the winner. "In accordance with the Alyce G. Clarke Mississippi Lottery Law, the Mississippi Lottery will not disclose the identity of the person holding a winning lottery ticket without that person's written permission." Source: https://www.mslotteryhome.com/players/faqs/
Missouri: Not Anonymous. "At the Lottery Headquarters, a member of the Lottery's communications staff will ask you questions about your win, such as how many tickets you bought, when you found out that you won and what you plan to do with your prize money. This information will be used for a news release. You will also be asked, but are not required, to participate in a news conference, most likely at the store where you purchased your winning ticket." Source: http://www.molottery.com/whenyouwin/jackpotwin.shtm
A Missouri State Legislator has submitted a bill to the State House to give lottery winners anonymity. Source: https://www.kfvs12.com/2020/02/25/mo-house-considers-legislation-protect-identity-lottery-winners/
Montana: Not Anonymous/Anonymous via trust. "In Montana, by law, certain information about lottery winners is considered public. That information includes: the winner's name, the amount won and the winner's community of residence. Winners may choose to claim as an individual or they may choose to form a trust and claim their prize as a trust. If a trust claims a lottery prize, the name of the trust is considered public information. A trust must have a federal tax identification number in order to claim a Montana Lottery prize." Source: https://www.montanalottery.com/en/view/about-faqs
Nebraska: Not Anonymous/Anonymous via LLC. Anonymity or who can claim is not addressed on lottery website but a winner created a legal entity to claim anonymously in 2014. "Nebraska Lottery spokesman Neil Watson said with the help of a Kearney lawyer, the winner or winners have created a legal entity called Carpe Diem LLC." Source: https://journalstar.com/news/state-and-regional/nebraska/m-nebraska-powerball-winner-to-remain-anonymous/article_a044d0f0-99a7-5302-bcb9-2ce799b3a798.html
A Nebraska State Legislator has now filed a bill to give 100% Anonymity to all winners over $300,000 who request it. Source: https://journalstar.com/news/state-and-regional/nebraska/anonymity-for-lottery-winners-bill-would-give-privacy-to-those/article_1cdba44d-c8bb-5971-b73f-2eecc8cd4625.html
Nevada: No current lottery. Source: https://www.reviewjournal.com/business/casinos-gaming/heres-why-you-cant-play-powerball-in-nevada/
New Hampshire: Not Anonymous/Anonymous via a trust. Anonymity or who can claim is not addressed on lottery website but a winner successfully sued the lottery and won the right to remain anonymous in 2018. Source: https://www.washingtonpost.com/news/post-nation/wp/2018/03/12/winner-of-a-560-million-powerball-jackpot-can-keep-the-money-and-her-secret-judge-rules/?noredirect=on&utm_term=.bec2db2f7d2c
New Jersey: 100% Anonymous if requested by the winner. Source: https://www.nj.com/politics/2020/01/win-big-you-can-claim-those-nj-lottery-winnings-anonymously-under-new-law.html
New Mexico: Not Anonymous. “Winners of $10,000 or more will have name, city, game played, and prize amount and photo on website.” Can seek anonymity if you have specific security concerns (rarely granted). Source: https://www.nmlottery.com/uploads/FileLinks/82400d81a0ce468daab29ebe6db3ec27/Winner_Publicity_Policy_6_1_07.pdf
New York: Not Anonymous/Anonymous via a LLC. Anonymity or who can claim is not addressed on lottery website but per Gov. Cuomo: "For the past 40 years, individuals wishing to keep their name and information out of the public view have created LLCs to collect their winnings for them." Source: https://nypost.com/2018/12/09/cuomo-vetoes-bill-allowing-lotto-winners-to-remain-anonymous/
North Carolina: Not Anonymous. "North Carolina law allows lottery winners' identity to remain confidential only if they have an active protective order against someone or participate in the state's "Address Confidentiality Program" for victims of domestic violence, sexual offense, stalking or human trafficking." Source: https://www.charlotteobserver.com/news/local/article54548645.html
North Dakota: 100% Anonymous if requested by the winner. Source: https://www.kfyrtv.com/home/headlines/ND-Powerball-Winners-Have-Option-to-Remain-Anonymous-364918121.html
Northern Mariana Islands: 100% Anonymous if requested by the winner. Source: https://www.nmsalottery.com/game-rules/
Ohio: Not Anonymous/Anonymous via trust. Anonymity or who can claim is not addressed on lottery website but appears to have an anonymous option. "The procedure from there was a little cumbersome. I needed to create two separate trusts. One trust was to appoint me, as the trustee on behalf of the winner, to contact the Lottery Commission and accept the Lottery winnings. The secondary trust was set up for me as trustee of the first trust, to transfer the proceeds to the second trust with the winner as the beneficiary. This enabled me to present the ticket, accept the proceeds, and transfer it to the winner with no public record or disclosure." Source: https://www.altickcorwin.com/Articles/How-To-Claim-Lottery-Winnings-Anonymously.shtml
Oklahoma: Not Anonymous/Anonymous via trust or LLC. In accordance with the Oklahoma Open Records Act and the Oklahoma Education Lottery Act, the name of any individual, corporation, partnership, unincorporated association, limited liability company, or other legal entity, and their city of residence will be made public. Source: https://www.lottery.ok.gov/playersclub/faq.asp Source: https://oklahoman.com/article/5596678/lottery-winners-deserve-some-anonymity
Oregon: Not Anonymous. "No. Certain information about Lottery prizes is public record, including the name of the winner, amount of the prize, date of the drawing, name of the game played and city in which the winning ticket was purchased. Oregon citizens have a right to know that Lottery prizes are indeed being awarded to real persons. " Source: https://oregonlottery.org/about/public-interaction/commission-directofrequently-asked-questions Can seek anonymity if you have specific security concerns (rarely granted). Source: https://www.dailymail.co.uk/news/article-3353432/Man-living-Iraq-wins-6-4-million-Oregon-jackpot.html
Pennsylvania: Not Anonymous/Anonymous via trust. Source: https://lancasteronline.com/news/local/trust-that-won-powerball-no-relation-to-manheim-township-emerald/article_29834922-4ca2-11e8-baac-1b15a17f3e9c.html
Puerto Rico: 100% Anonymous if requested by the winner. Source: https://www.nbcnews.com/news/latino/puerto-rico-powerball-winner-claims-prize-chooses-stay-anonymous-n309121
Rhode Island: Not Anonymous/Anonymous if requested but all info is subject to FOIA. "While the Lottery will do everything possible to keep a winner's information private if requested by the winner, in Rhode Island and most other states, this information falls under the Freedom of Information Act, and a winner's name and city or town of residency must be released upon request." Source: https://www.rilot.com/en-us/player-zone/faqs.html
South Carolina: 100% Anonymous if requested by the winner. Anonymity or who can claim is not addressed on lottery website but appears to have an anonymous option based on prior winners. Source: https://myfox8.com/2019/03/15/the-anonymous-south-carolina-winner-of-the-largest-lottery-jackpot-is-donating-part-of-it-to-alabama-tornado-victims/
South Dakota: Not Anonymous for draw games and online games/100% Anonymous for Scratchoffs if requested by the winner. "You can remain anonymous on any amount won from a scratch ticket game. Jackpots for online games are required to be public knowledge. Play It Again winners are also public knowledge." Source: https://lottery.sd.gov/FAQ2018/gamefaq.aspx.
Tennessee: Not Anonymous/Can use a trust but info subject to open records act. Anonymity is explicitly noted as not being allowed on the official lottery website. Source: https://www.tnlottery.com/faq/i-won
However if it is claimed via a trust then the lottery will not give out your information unless requested to do so. "The TN lottery says: "When claiming a Lottery prize through a Trust, the TN Lottery would need identity documentation for the grantor and all ultimate beneficiaries. Once we are in possession of these documents and information, records are generated. If a formal request is made by a citizen of Tennessee, the Trust beneficiary's name, city and state must be made available under the Tennessee Open Records Act." Source: https://www.avvo.com/legal-answers/in-tennessee--can-a-lottery-jackpot-be-claimed-whi-2327592.html
Texas: 100% Anonymous if requested by the winner for $1 million or more IF the winner claims it as an individual AND chooses the Cash option. Not Anonymous if claimed by a trust or LLC or if the winner chooses the Annuity option. Source: https://www.txlottery.org/export/sites/lottery/Documents/retailers/FAQ_Winner_Anonymity_12112017_final.pdf
Utah: No current lottery. Source: https://www.lotterycritic.com/lottery-results/utah/
Vermont: Not Anonymous/Anonymous via trust. “The name, town and prize amount on your Claim Form is public information. If you put your name on the Claim Form, your name becomes public information. If you claim your prize in a trust, the name of the trust is placed on the Claim Form, and the name of the trust is public information.” Source: https://vtlottery.com/about/faq
Virginia: 100% Anonymous if requested by the winner for prizes over $10 million. "A new law passed by the Virginia General Assembly and signed by the Governor prohibits the Virginia Lottery from disclosing information about big jackpot winners." "When the bill goes into effect this summer, the Virginia Lottery will not be allowed to release certain information about winners whose prize exceeds $10 million, unless the winner wants to be known." Source: https://www.13newsnow.com/article/news/local/virginia/new-virginia-law-allows-certain-lottery-winners-to-keep-identity-private/291-c33ea642-e8fa-45fd-b3a4-dc693cf5b372
US Virgin Islands: Anonymity appears to be an option. A $2 Million Powerball winner was allowed to remain anonymous. Source: https://viconsortium.com/virgin-islands-2/st-croix-resident-wins-2-million-in-latest-power-ball-drawing/
Washington: Not Anonymous/Can use a trust but info subject to open records act. "As a public agency, all documents held by Washington's Lottery are subject to the Public Records Act. Lottery prizes may be claimed in the name of a legally formed entity, such as a trust. However, in the event of a public records request, the documents forming the artificial entity may be released, thereby revealing the individual names of winners." https://www.walottery.com/ClaimYourPrize/
West Virginia: 100% Anonymous if requested by the winner for prizes over $1 million and 5% of winnings remittance. "Effective January 1, 2019, House Bill 2982 allows winners of State Lottery draw games to remain anonymous in regards to his or her name, personal contact information, and likeness; providing that the prize exceeds one million dollars and the individual who elects to remain anonymous remits five percent of his or her winnings to the State Lottery Fund." Source: https://wvlottery.com/customer-service/customer-resources/
Wisconsin: Not Anonymous/Cannot be claimed by other entities. "Pursuant to Wisconsin’s Open Records law (Wis. Stats. Secs. 19.31–19.39), the Lottery is required to disclose a winner’s name, likeness and place of residence. If you win and claim a prize, the Lottery may use your name, likeness and place of residence for any purpose without compensation to you.
Upon claiming your prize, you waive any claims against the Lottery and its representatives for any and all liability which may result from the disclosure or use of such information." "The original winning ticket must be signed by a single human being. For-profit and non-profit entities, trusts, and other non-human beings are not eligible to play or claim a prize." Source: https://wilottery.com/claimprize.aspx
Wyoming: 100% Anonymous if requested by the winner. "We will honor requests for anonymity from winners. However, we certainly hope winners will allow us to share their names and good news with other players." Source: https://wyolotto.com/lottery/faq/
Other countries
Australia: 100% Anonymous if requested by winner. "The great thing about playing lotto in Australia is that winners can choose to remain anonymous and keep their privacy, unlike in the United States where winners don't have such a choice, and are often thrown into a media circus." Source: https://www.ozlotteries.com/blog/how-to-remain-anonymous-when-you-win-lotto/
Bahamas: No current lottery. Source: https://thenassauguardian.com/2013/01/29/strong-no-vote-trend-so-far-in-gaming-referendum/
Bahrain: Not Anonymous. Source: https://bdutyfree.com/terms-conditions1#.X8ru92lOmdM
Barbados: Not Anonymous. "No. Barbados Lottery winners cannot remain anonymous. The Barbados Lottery mandates the winner’s name, address, game won, date won and amount won be provided; however Barbados Lottery winners' home addresses and telephone numbers are confidential." Source: https://www.mybarbadoslottery.com/faqs
Brazil: 100% Anonymous if requested by the winner. Source: https://www.lotterycritic.com/lottery-results/brazil-lottery/
Canada: Not Anonymous. Every provincial lottery corporation in Canada requires winners to participate in a publicity photo shoot showing their face, their name and their municipality. Can seek anonymity if you have specific security concerns (rarely granted). Source: https://consumers.findlaw.ca/article/can-lottery-winners-remain-anonymous/
Carribbean Lottery Countries (Antigua/Barbuda, Anguilla, St. Kitts/Nevis, St. Maarten/Saba/St. Eustatius, and Turks/Caicos): Not Anonymous. "No. Caribbean Lottery winners cannot remain anonymous. The Caribbean Lottery mandates the winner’s name, address, game won, date won and amount won be provided; however Caribbean Lottery winners' home addresses and telephone numbers are confidential." Source: https://www.thecaribbeanlottery.com/faqs
China: 100% Anonymous if requested by the winner. Must appear in a press conference and photo but allowed to wear disguise. Source: https://www.usatoday.com/story/news/world/2015/01/22/china-lottery-winners-mask/22108515/
Cuba: No current lottery. Source: https://oncubanews.com/en/cuba/society-cuba/cuban-traditions/lottery-the-national-game-infographics/
EuroMillions Countries (Austria, Belgium, France, Ireland, Luxembourg, Portugal, Spain, Switzerland, and UK*): 100% Anonymous if requested by the winner. Source: https://www.euro-millions.com/publicity
*United Kingdom: Excludes
*Caymen Islands, and Falkland Islands: No current lottery. Source: https://calvinayre.com/2018/11/02/business/cayman-islands-move-illegal-gambling-doesnt-address-real-issue/ Source: https://simonsblogpark.com/onlinegambling/simons-guide-gambling-falkland-islands/amp/#lottery-falkland-islands
*Anguilla, and Turks & Caicos: Not Anonymous. Source: https://www.thecaribbeanlottery.com/faqs
EuroJackpot Countries (Croatia, Czechia, Denmark, Estonia, Finland, Germany, Hungary, Iceland, Italy, Latvia, Lithuania, Netherlands*, Norway, Poland, Slovakia, Slovenia, Spain, and Sweden): 100% Anonymous if requested by the winner. Source: https://www.euro-jackpot.net/en/publicity
*Netherlands: Excludes
*St. Maarten, Saba, and St. Eustatius: Not Anonymous. Source: https://www.thecaribbeanlottery.com/faqs
Fiji: 100% Anonymous if requested by the winner. Source: https://fijisun.com.fj/2012/11/08/3m-lotto-win-here/
Georgia (Kartvelia): Anonymity appears to be an option. "2.9.1. Prizes and Winners. Each Bidder shall provide details of:....how winners who waive their right to privacy will be treated;" Source: https://mof.ge/images/File/lottery/tender-documentation.pdf
Greece: Anonymity appears to be an option. "The bearer of the ticket shall keep the details of the ticket confidential and not reveal them to any third party." Source: https://www.opap.gen/identity-terms-of-use-lotto
Guyana: Not Anonymous. Source: https://www.kaieteurnewsonline.com/2013/05/16/winner-says-he-was-too-busy-to-collect-78m-lotto-prize/
India*: Not Anonymous. Source: https://www.bbc.com/news/world-asia-35771298
*: Only available in the states of Kerala, Goa, Maharashtra, Madhya Pradesh, Punjab, West Bengal, Assam, Arunachal Pradesh, Meghalaya, Manipur, Sikkim, Nagaland and Mizoram. Source: https://www.indiatoday.in/india/story/lottery-mizoram-nagaland-sikkim-kerala-975188-2017-05-04
Indonesia: No current lottery. Source: https://apnews.com/45eb94ff1b1132470a7aa5902f0bc734
Israel: Not Anonymous by Law, Anonymous in Practice. “[A]lthough we have this right, we have never exercised it because we understood the difficulties the winners could encounter in the period after their win. We provide details about the winner, but in a manner that doesn’t disclose their identity,” Dolin Melnik, then-spokesperson for Israel’s Mifal Hapayis lottery told Haaretz in 2009." Source: https://www.timesofisrael.com/why-the-israeli-lottery-gives-winners-masks/
Jamaica: Not Anonymous. First initial and last name of winner was released but winner was allowed to wear a mask for photo. Source: https://news.e-servicis.com/news/trending/lottery-winner-takes-prize-in-scream-mask.1S/
Japan: 100% Anonymous if requested by the winner. Source: https://www.japantimes.co.jp/news/2017/09/08/business/japans-lottery-rakes-declining-revenues-younger-generation-gives-jackpot-chances-pass/#.XRYwVVMpCdM
Kenya: Not Anonymous. "9.1 When You claim or are paid a prize, You will automatically be deemed to grant to O8 LOTTO an irrevocable right to publish, through all types of media broadcasting, including the internet, for the purposes of promoting the win, Your full name (as well as Your nick name), hometown, photograph and video materials without any claim for broadcasting, printing or other rights" Source: https://mylottokenya.co.ke/terms-conditions
Malaysia: 100% Anonymous if requested by the winner. Source: https://says.com/my/news/a-24-year-old-malaysian-woman-just-won-more-than-rm4-million-from-4d-lottery
Nagorno-Karabakh: Not Anonymous. Source: http://asbarez.com/120737/artsakh-lottery-winner-claims-car-prize/
New Zealand: 100% Anonymous if requested by winner. Source: https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10383080
North Korea: Not Anonymous. Source: https://www.nknews.org/2018/11/north-korean-sports-ministry-launches-online-lottery/
Northern Cyprus: Anonymity appears to be an option. Source: https://www.pressreader.com/cyprus/cyprus-today/20181124/281590946615912
Oman: 100% Anonymous if requested by the winner. Source: http://www.omanlottery.com/
Philippines: 100% Anonymous if requested by the winner. Source: https://www.rappler.com/nation/214995-ultra-lotto-winners-claim-winnings-pcso-october-2018
Qatar: Not Anonymous. Source: https://www.qatarliving.com/forum/qatar-living-lounge/posts/qatar-duty-free-announces-latest-us1-million
Romania: Anonymity appears to be an option. Source: https://www.thelotter.com/win-lottery-anonymously/
Russia: 100% Anonymous if requested by the winner. Source: http://siberiantimes.com/otheothers/news/siberian-scoops-a-record-184513512-roubles-on-russian-state-lottery/
Samoa: Not Anonymous. Source: https://www.rnz.co.nz/international/pacific-news/191796/samoa%27s-lotto-winner-still-a-mystery
Saudi Arabia: No current lottery. Source: https://www.arabnews.com/police-arrest-lottery-crooks-victimizing-expats
Singapore: Anonymity appears to be an option. Source: https://www.straitstimes.com/singapore/did-you-win-here-are-results-of-136m-toto-hongbao-draw
Solomon Islands: No current lottery. Source: http://www.paclii.org/sb/legis/consol_act/gala196/
South Africa: 100% Anonymous if requested by the winner. Source: https://www.thesouthafrican.com/powerball-results/powerball-winner-r232-million-found-lottery-details/
South Korea: 100% Anonymous if requested by the winner. Source: https://elaw.klri.re.keng_mobile/viewer.do?hseq=38378&type=sogan&key=5
Sri Lanka: Anonymity appears to be an option. Source: http://www.thesundayleader.lk/2010/01/31/where-do-all-the-lottery-winners-go/
Taiwan: 100% Anonymous if requested by the winner. Source: http://m.focustaiwan.tw/news/asoc/201806250011.aspx
Trinidad and Tobago: Anonymity appears to be an option. Source: https://trinidadexpress.com/news/local/student-wins-the-million-lotto/article_3f3c8550-570d-11e9-9cc3-b7550f9b4ad4.html
Tuvalu: No current lottery. Source: http://tuvalu-legislation.tv/cms/images/LEGISLATION/PRINCIPAL/1964/1964-0004/GamingandLotteries_1.pdf
United Arab Emirates: Not Anonymous. Source: https://www.ndtv.com/indians-abroad/shojith-ks-in-sharjah-uae-wins-abu-dhabi-duty-free-big-ticket-4-million-jackpot-rejects-calls-2032942
Vatican City: Anonymity appears to be an option. Source: https://cruxnow.com/vatican/2018/12/04/popes-white-lamborghini-up-for-raffle-winner-gets-trip-to-rome/
Vietnam: Anonymity appears to be an option. Source: https://ampe.vnexpress.net/news/news/vietnamese-farmer-identified-as-winner-of-4-million-lottery-jackpot-3484751.html
Windward Lottery Countries (Dominica, Grenada, Saint Lucia, Saint Vincent and the Grenadines): Not Anonymous. "Prize winners asked to do so by Winlot must give their name and address, and satisfactory establish their identity. All winners of the Jackpot (Match 6) prize will be photographed. Note that Winlot and CBN reserve the right to publish the names, addresses and photographs of all the winners." Source: http://www.stlucialotto.com/snl/super6_rules_regs.php
submitted by Kingofearth23 to LotteryLaws [link] [comments]

Do You Have to Pay Taxes on Slot Machine Winnings?

We all love to read stories about big wins and imagine ourselves in the shoes of those winners. But, have you ever thought about what happens at that very moment after successfully beating the slot machine? Usually, the slot machine locks up and, in most cases, you hear the music and see the flashing lights on top of the machine. But one of the first questions every player asks is whether they have to pay taxes on casino winnings? Well, you’re about to find out!

Taxes on Slot Machine Winnings in USA

In the USA, when a lucky player hits a jackpot, there’s the option of receiving the winnings in cash or check. In case it’s a large sum, it’s usually paid by check. However, the IRS only obliges the casinos to report winnings that are larger than $1,200.
Of course, all winners are obliged to show a proper identification— a valid ID or passport. When the casino checks for your identification they also look at your age to make sure you are officially and legally old enough to play. As the minimum legal age for gambling varies from state to state, be sure to check it out before you decide to play.

Do I Have to Report All Winnings?

All gambling winnings received from slot machines are subject to federal taxes, and both cash and non-cash winnings (like a car or a vacation) are fully taxable. Apart from slot machines, the same applies to winnings from lottery, bingo, keno, poker or other games of chance. So, if the amount won on a slot machine is higher than $1200, the casino is required to report it. In other words, all your gambling winnings have to be reported on your tax return as "other income" on Schedule 1 (Form 1040), line 8.

Slot Machine Winnings in W-2G Form

In case it happens to you and you snag that big win (which we hope one day you will), it’s useful to know that casino or other payer must give you a W-2G Form, listing your name, address and Social Security number. So, if the winnings are reported through a W-2G Form, federal taxes will be withheld at a rate of 25%.
If, however, you didn’t provide your Social Security number (or your Tax Identification Number), in that case the withholding will be 28%. Either way, a copy of your Form W-2G should be issued, showing the amount you won alongside the amount of tax withheld. One copy needs to go to the IRS, as well.
Aside from slot winnings, Form W-2G is issued to winners of the following types of gambling activities like:
However, not all gambling winnings are subject to IRS Form W2-G. For instance, W2-G forms are not required for winnings from table games like blackjack, baccarat, and roulette, whatever the amount. You’d still have to report your winnings to the IRS, it’s just you won’t need to do it through W-2G Form.

Are My Slot Losses Deductible?

The good news is that you can deduct your slot losses (line 28 of Schedule A, Form 1040), while the bad news is gambling losses are deductible only up to the amount of your wins. In other words, you can use your losses to compensate for your winnings. So, let’s say you won $200 on one bet, but you lost $400 on one or a few others, you can only deduct the first $200 of losses. Meaning if you didn’t win anything for a year, you won’t be able to deduct any of your gambling losses.
In order to prove your losses, you need to keep good records and have suitable documents. So, whenever you lose, keep those losing tickets, cancelled checks and credit slips. Your documentation must include the amount you won or lost, a date and time, type of wager, type of your gambling activity, name of each casino/address of each casino you visited and the location of their gambling business. You may as well list the people who were with you.

Do State and Local Taxes Apply Separately?

Yes, you are required to pay your state or local taxes on your gambling winnings. In case you travel to another state, and snag some huge winning combo there, that other state would want to tax your winnings too. But don’t worry, you won't be taxed twice, as the state where you reside needs to give you a tax credit for the taxes you pay to that other state.
Keep in mind though that some states like Connecticut, Massachusetts, and Ohio don't allow gambling losses.

Online Slot Taxes

Whether you usually spin the reels of your favourite casino games in land-based casinos in the US, overseas casinos, or online casinos, all income for the citizens of the US is taxable. As a US citizen, you are required to send Form W2G for all winnings from a slot machine (not reduced by the wager) that equals to or is more than $1,200.

Taxes on Slot Machine Winnings in UK

As a resident of the United Kingdom, your gambling winnings won’t be taxed. Unlike the USA mentioned above, you’ll be allowed to keep whatever it is that you have won and earned in Britain, even in case you are a poker pro. Then again, you won’t be able to deduct any losses you might collect.
It doesn’t really matter if you win £5 or £5 million playing online slots, your winnings will be tax-free as long as you reside anywhere in the UK, be that in England, Wales, Northern Ireland or Scotland.

Taxes on Slot Machine Winnings in Canada

If you are a recreational player who lives in Canada, we have good news for you. When it comes to gambling, you don't have to pay taxes as your winnings are totally tax free. According to laws in Canada, gambling activities don’t fall under the category of constant source of income, therefore your winnings will not be taxed.
Canadians don't even pay taxes on their lottery winnings. The only exception here are professional gamblers who make a living from betting and are, therefore, obliged to pay taxes. Keep in mind though, this is the current situation - laws in Canada change frequently, which may also include tax laws.

Taxes on Slot Machine Winnings in Australia

In case you reside in Australia and like to visit casinos from time to time, you’ll be happy to find out that your winnings in Australia will not taxed and here are 3 core reasons for that:
Of course, taxation varies from state to state.

Taxes on Slot Machine Winnings in New Zealand

Unlike in Australia, where even professional players can claim they are recreational, in New Zealand slot machine winnings (and any other winnings from casino games) are considered taxable income, in case the player has little income from other resources.
But, apart from professional gambling, it is very unusual for winnings to be taxed in New Zealand. Most often, gambling is considered recreational and not income, so players can enjoy their gameplay as they do not have to pay taxes on their winnings.
submitted by askgamblers-official to onlinegambling [link] [comments]

Entitled Dad won't take the hint and keeps giving his son lottery

I work in a gas station, and this is ALWAYS an issue. Like, I get it. Everyone gives kids scratch tickets. Every body does it. I gave my 16 year old brother a scratch ticket for Christmas. But if you do it in the store I'm legally required to tell you that you can't do it.
And if you state that your lottery tickets that you're buying by yourself are FOR an underaged individual I am required BY LAW to not sell them to you. The exact same rules as alcohol ALSO apply to lottery. That means kids can't even pick your tickets for you OR hold them in the store.
But I'm nothing if not a lenient individual. I make sure to tell people with kids that they're always welcome to open their Nevada tickets in their car. Wink wink. Or if someone mentions buying tickets for their grandson, I joke, "your 19 year old grandson, right" Wink Wink.
Like I get it. I'm not trying to be a hard ass, I'm just trying to avoid a fine/losing my job if a police officer or OLG representative walks in, you know?
That being said, here's the interaction. ED= Entitled Dad, UK= Uninterested Kid, Me=Me


ED: Ooh, UK! You want to play some Nevada with me!
UK: ... Sure, I guess... (he looks like 7 years old, and could not be less excited to gamble, lol)
Me: Actually sir, it's against the law for him to play Nevada. Would you like some for yourself?
ED: No. I want some for me AND my son. I want 20 tickets.
Me: (I go out to count the tickets) Well, I'm not allowed to sell them to you if you're going to give them to your son, BUT I can sell them to JUST YOU and if you want you can play them in your car. (Take the hint buddy)
ED: Actually, it's MY money, and I'll do what I want with MY son.
Me: (At this point, I start to think that maybe this is an undercover shop, so I refuse the sell) Sorry sir, I can't sell them to you, then. (I go to put the tickets back, but then he grabs them out of my hand and gives me a twenty)
ED: I CAN DO WHAT I WANT IN MY CAR WITH MY SON. (Talk about lines you don't want to hear out of context, lol)
He walks in angrily 3 minutes later with a 1 dollar winner. Ha. Serves him right.

EDIT: HOLY CRAP I WENT TO WORK AND THIS BLEW WAY THE HECK UP. THANKS EVERYBODY. And special thanks to whoever gave me my first ever gold!
submitted by Seqka711 to entitledparents [link] [comments]

40 Best Songs of All Times About Poker, Dice, Cards and Addiction

40. Go Down Gamblin’ - Blood Sweat and Tears

Released in 1971, Go Down Gamblin’ by Blood Sweat and Tears is a song describing a gambler who is “born a natural loser.” He never wins, no matter what game he plays, but, he doesn’t feel like a loser. As the song goes – “Cause I've been called a natural lover by that lady over there, Honey, I'm just a natural gambler but I try to do my share.”

39. Gambler - Madonna

Gambler is a song written and played by Madonna, made for the film Vision Quest. Although the song reached the top 10 in the charts of the UK, Australia, Belgium, Ireland, Netherlands, and Norway, Madonna performed it only once on her 1985 The Virgin Tour. It’s a catchy song, we suggest you play it as you spin the reels of some of your favourite retro online slots.

38. The House of the Rising Sun - The Animals

Our list wouldn’t be complete without the 1964 hit song - The House of the Rising Sun by The Animals. Everybody knows the famous lines ”My mother, she was a tailor, sewed these new blue jeans, my father was a gamblin' man way down in New Orleans.” This single had a major success and made it to the top 10 songs on mainstream rock radio stations in the USA. Likewise, the hit was featured in the video game Guitar Hero Live.

37. The Winner Takes It All - ABBA

Whether we admit it or not, we all love at least some songs played by the very well-known Swedish pop group, ABBA. According to some sources, Bjorn Ulvaeus wrote the 1980 hit song The Winner Takes It All which was inspired by his divorce to his fellow band member, Agnetha Fältskog. The winner takes it all is a sort of a comparison to a divorce (especially the part ”I've played all my cards and that's what you've done too, nothing more to say, no more ace to play”), where one of them is the winner and the other one is left with nothing. And things are just the same when it comes to gambling, so we’ve decided to put the song on our list.

36. Shape of my Heart - Sting

We’re all aware of the fact that our gambling behaviour can be influenced by certain types of music and that's because online gambling and music go hand in hand. So, we suggest you start playing your preferred games with one of everyone’s favourite songs by Sting called The Shape of my Heart. It was released in 1993 and used for the end credits of the film Léon. In one of his interviews, Sting explained that the lyrics of the song tell the story of a card player who places bets not in order to win but to figure out something that’s been bothering him - “some kind of scientific, almost religious law.”

35. All I Wanna Do Is Play Cards - Corb Lund

Well, I guess I really oughta be makin up songs but all I wanna do is play cards. I know it's dumb and sick and wrong but all I wanna do is play cards. Got the studio booked in Tennessee, and my record producer's callin me, the tape will roll in just three weeks and all I wanna do is play cards.” Does it sound familiar? It’s a 2005 hit by Corb Lund called All I Wanna Do Is Play Cards, once you hear it you’ll be playing it on repeat.

34. Gambling Man - The Overtones

When you’re falling in love, it’s perfectly normal to feel like you want to gamble everything just to attract that person’s attention to notice you and love you back. Well, Gambling Man is a lively 2010 song that tells a story of a guy fascinated with his love, so he places all his bets on her, as the song goes - “I played my hand, I rolled the dice, now I'm paying for my sins, I got some bad addiction.” This time, he feels that this love affair is different from any other – “Baby, it's you, yeah, yeah, that's right.” The song was released in 2010 and has been popular ever since.

33. Poker Face - Lady Gaga

Although the Poker Face song is more about the game of romance rather than the game of poker, the catchy refrain that starts with “Can't read my, no he can't read my poker face” kinda reminds us of winning at the tables, so we couldn’t skip it this time. Released in 2008, the song achieved worldwide success, topping the charts in the USA, the UK, Australia, Canada and several European countries.

32. Little Queen of Spades - Robert Johnson

Moving on to the Little Queen of Spades, a song title by the American blues musician Robert Johnson who recorded the song in 1937 and first released it in 1938. The first version of this gambling-themed song has a playing time of 2:11, whereas the second one lasts 4s longer (2:15), and is considered an alternate take and first appeared on Johnson's album The Complete Recordings, in 1990.

31. Train of Consequences - Megadeth

Another great song Train of Consequences is the title created by Megadeth, released as the first single from their sixth studio album Youthanasia in 1994. The song was later included on their compilation albums and its music video was the 26th most played video on MTV. There’s this part of the song “No horse ever ran as fast as the money that you bet, I'm blowing on my cards and I play them to my chest” – which is about a person’s gambling problem, who realises something’s wrong with this lifestyle, but it still hunts him down. Could be just the thrill, but he just can’t stop playing.

30. Gambler - Whitesnake

Released on the album Slide It In (1984) and appearing on the compilation album Gold (2006), Gambler is the song by the British hard rock band Whitesnake. These words may sound familiar - “No fame or fortune, no luck of the draw, when I dance with the Queen of Hearts, a jack of all trades, a loser in love, it's tearing my soul apart”. And in case you’ve never heard it, we think you should give it a shot, the chances are you’re going to love it!

29. Gambling Man - Woody Guthrie

Now here’s one single from 1957 - Gamblin' Man. The song was taped live at the London Palladium and published as a double A side, with Puttin' On the Style. Reaching #1 in the UK Singles Chart in the summer 1957, it was “the last UK number 1 to be released on 78 rpm format only, as 7' vinyl had become the norm by this time.” Written by Woody Guthrie and Donegan, this gambling themed song was produced by Alan Freeman and Michael Barclay.

28. Roll of the Dice - Bruce Springsteen

According to Songfacts, Roll of the Dice was the first Springsteen’s song he didn’t write by himself. In fact, E Street Band’s pianist Roy Bittan helped with the music, while Springsteen was in charge of the lyrics, starting with – “Well I've been a losin' gambler, just throwin' snake eyes, Love ain't got me downhearted. I know up around the corner lies, My fool's paradise in just another roll of the dice.” After he broke up the E Street Band in October 1989, Springsteen wrote lyrics for the Roll of the Dice (with two other songs) and liked them to the point where he began writing and recording more songs.

27. Queen of Diamonds - Tom Odell

Here’s one song about a gambling fanatic who’s trying to satisfy his own addiction but also someone else, hoping it’s going to save him. Released in 2018, Queen of Diamonds is Tom Odell’s song from the album Jubilee Road, based on the local characters that inspired this British songwriter to include the whisky-soaked gamblers who regularly visited one betting shop.

26. The Angel and the Gambler - Iron Maiden

Now, this song may divide Iron Maiden fans and it’s most probably because of its repetitive lyrics that can be a bit annoying. The release we’re talking about is The Angel and the Gambler. Truth be told, the melody in general is very catchy and, even a bit similar to The Who in some moments. As the song was released in 1998 while Blaze Bayley was its frontmen, it’s missing the well-known high-pitch vocals from Bruce Dickinson.

25. Ramblin' Gamblin Man - Bob Seger

We’re moving on to a rock single from 1978 - Ramblin' Gamblin Man by Bob Seger. The author meets an old acquaintance, a professional gambler who happens to be a swagger. As such, he attracts people’s attention whenever he bets. Putting so much of his faith in the cards (rather than in people), he walks away every time, just before avoiding loss. Along the way, the narrator realises that, if you scratch beneath the surface, you’ll find he’s a very cynical man, who will never change.
Another gambling-themed song worth mentioning by Bob Seger is Still The Same.

24. Blow Up The Pokies - The Whitlams

Blow up the Pokies is the next song on our list, played by The Whitlams. It is the second single by the group from their 4th studio album, Love This City. Released in the year 2000, the song became a hit and made it to number 21 on the ARIA Singles Chart. According to several resources, the lyrics written by singer Tim Freedman were inspired by the destruction he saw in original Whitlams bassist Andy Lewis's life, due to his gambling addiction.

23. A Good Run of Bad Luck - Clint Black

Now here’s one 1994-song packed with gambling-related terms. As you listen to A Good Run of Bad Luck, recorded by American music artist Clint Black, you'll have a bit of fun as you try identifying what all these gambling terms mean. The song is a bit fast and is about falling in love by using gambling metaphors. The main character is willing to spend a lot of money to win his special lady over and, although he has had a period of bad luck, he is not giving up – “I've been to the table, and I've lost it all before, I'm willin' and able, always comin' back for more.

22. When You’re Hot, You’re Hot - Jerry Reed

Jerry Reed won a Grammy for the song When You’re Hot, You’re Hot which was released in 1971. Most people remember it as it was a major hit, ranked as number 1 in the country charts, also making its way up the Pop Top 40. It’s an enjoyable novelty song about the ups and downs of the gambling life, about one’s winning streak caught in an illegal game of Crap.
Country star Jerry Reed also came up with a version The Uptown Poker Club in 1973.

21. Lawyers, Guns and Money - Warren Zevon

Next one up - Lawyers, Guns and Money is a song by Warren Zevon, the closing track on his album Excitable Boy, released in 1978. An edited version of this song was distributed as a single and found itself on the A Quiet Normal Life best of compilation on the CD and LP. The song goes like this - “I went home with a waitress the way I always do, how was I to know she was with the russians, too? I was gambling in Havana, I took a little risk Send lawyers, guns, and money Dad, get me out of this, hiyah!

20. The Lottery Song - Harry Nilsson

According to the man in the 1972 pop-rock song The Lottery Song by Harry Nilsson, there's more than one way to get to Vegas. Addressing his lover, the narrator mentions a few different options for buying a ticket and going to Sin City – “We could win the lottery we could go to Vegas,” and “We could wait till summer, we could save our money” as well as “We could make a record, sell a lot of copies, we could play Las Vegas.”

19. Casino Queen - Wilco

Now here’s one black-humoured gambling-themed song, released in 1995 and titled after a casino. Featuring a dirty electric guitar, Casino Queen was composed by an American songwriter, Jeff Tweedy, who wrote this song after playing a game in a riverboat casino accompanied by his dad. Inspired by the event, the author wrote: “Casino Queen my lord you're mean, I've been gambling like a fiend on your tables so green.

18. Have a Lucky Day - Morphine

Another song on our list that you simply must check out starts like this: “I feel lucky, I just feel that way, I'm on a bus to Atlantic City later on today. Now I'm sitting at a blackjack table and swear to God the dealer has a tag says, "Mabel." Hit me, hit me! I smile at Mabel, soon they're bringing complimentary drinks to the table.” Check it out yourself - it’s called Have a Lucky Day by Morphine.

17. Kentucky Gambler - Merle Haggard

Written by Dolly Parton and released in 1974, Merle Haggard’s Kentucky Gambler is another song on our ultimate gambling playlist that you should pay attention to. It’s about a miner from Kentucky who leaves his family to gamble, under the bright lights of Reno. Unsurprisingly, his winning streak comes to an end, and he loses all his winnings. All broke, he decided to return back home only when he arrived, he found out his wife was involved with someone else.

16. The Jack - AC/DC

The next song on our list will give you some adrenaline boost, for sure. It goes like this - “She gave me the queen, she gave me the king, she was wheelin' and dealin', just doin' her thing, she was holdin' a pair, but I had to try…” Sounds familiar? This song from the 1975s is called The Jack and is played by AC/DC and there’s no way you can skip it.

15. Blackjack - Ray Charles

Moving on to something a bit different - a melody that blackjack lovers can listen to as they play is Ray Charles’ Blackjack. Apart from being a good quality song from 1955, it carries an important message with an emphasis on how brutal the game of blackjack can be. Some sources say that Ray Charles wrote it after beating T-Bone Walker at a blackjack game session.
Yet another Ray Charles’ famous song about gambling is called a Losing Hand.

14. Ooh Las Vegas - Gram Parson

Ooh, Las Vegas, ain't no place for a poor boy like me”... is a song-into for Ooh Las Vegas which was written by Gram Parsons and Ric Grech. It was first released by Gram Parsons with Emmylou Harris in 1974. Playing this song would be perfect for the beginning of the road trip (i.e. to Las Vegas), especially if you have the energy to sing along.

13. The Stranger - Leonard Cohen

Published in 1968 and performed by Leonard Cohen, The Stranger appears in the The Ernie Game movie about a man released from a mental asylum. More appropriately, it is the perfect opening song in the 1971 Western McCabe & Mrs Miller, in which Warren Beatty plays a gambler. As you listen to this song (without watching the movie), it makes you see fascinating images of card games, smoky dreams, and concepts of risk versus safety.

12. Desperado - Eagles

Written by Glen Frey and Don Henley, Desperado song is one of The Eagles’ greatest hits from their 1973 album of the same name. The song features a classic tune while the ballad tells the story of a lone wolf imprisoned by his loneliness. As for the lyrics, they have loads of card references mentioning the queen of diamonds, the queen of hearts, and so on.

11. Huck's Tune - Bob Dylan

The next song on our list is about the risks of poker, money, and relationships, which are precisely what the movie Lucky You is all about. Does it ring a bell? That’s right, this 2007 song is called Huck’s Tune and is performed by Bob Dylan. Each of us can all relate to lines "You push it all in, and you've no chance to win, you play 'em on down to the end." Play the song and you’ll enjoy more than 4 amazing minutes of Bob Dylan.
Likewise, Bob Dylan recorded Rambling, Gambling Willie and Lily, Rosemary and the Jack of Hearts, both excellent and both inspired by gambling.

10. Four Little Diamonds - Electric Light Orchestra

A song by the British rock band Electric Light Orchestra Four Little Diamonds was released in 1983 and found itself on the album Secret Messages. The single wasn’t so popular in the US, being only 2 weeks on the Billboard Hot 100 chart, at number 86, and number 84 in the UK. This song refers to the singer’s cheating lover who tricked him out of a ring which had 'four little diamonds' on it.

9. You Can't Beat The House - Mark Knopfler

Moving on to our next choice for the day, You Can’t Beat the House. It’s the third song on the Get Lucky studio album released in 2009 by British singer-songwriter and guitarist Mark Knopfler. The album and the songs received favorable reviews with the album reaching the top three positions on album charts in Denmark, Germany, Italy, the Netherlands, Norway, and Poland. The singer’s divine voice combined with beautiful music and lyrics goes like this – “You can't bear the house, you can't bear the house, tell the man somebody, you can't beat the house.

8. Deck of Cards - Don Williams

Deck of Cards is a recitation song that tells the story of a soldier who gets caught while playing cards in church and then faces a sentence from a superior officer. The soldier defends his case, explaining he wasn't about to deal a hand of poker, but was rather confirming his faith with the cards. Performed by T. Texas Tyler, the song managed to become a major hit in the 1940s and 1950s. Also, Wink Martindale had an even bigger hit with his 1959 cover, with a successful version by Don Williams featuring Tex Ritter and Buddy Cole.

7. Gambler’s Blues - B.B. King

First recording of the song Gambler’s Blues by B.B. King was in 1966, and it was released in 1967. The song appears on the album Back in the Alley (1970). Some say gambling and blues go hand in hand, so if you (gambling fans) haven’t heard it, listen and see for yourself.

6. Tumbling Dice - Rolling Stones

One of our favourite songs on the list is Tumbling Dice, written by Mick Jagger and Keith Richards. It tells the story of a gambler who can’t remain faithful to any woman. Being released in the 1970s and featuring a blues boogie-woogie rhythm, the song was and still is one of the greatest singles of all time.
Rolling Stones also recorded Casino Boogie, and it’s from their 1972 album, Exile on Main St.

5. Luck Be A Lady - Frank Sinatra

The next song on our list is about a gambler who hopes that he will win a bet, the outcome of which will decide whether he is able to save his relationship with the girl of his dreams. You probably know what song we’re talking about; it’s called Luck be a Lady released in 1965 and performed by one of the most popular musical artists - Frank Sinatra.

4. Deal - Grateful Dead

Next one up is the song Deal. It was first performed by the Grateful Dead in 1971, as a regular part of the repertoire through their 1970's tour. Although being less common to the fans during the 1990s, the band continued to perform it. The singer opens with the message: “Since it cost a lot to win and even more to lose you and me bound to spend some time wondering what to choose,” that later kicks off with a chorus: “Don't let your deal go down...
Loser is another song first performed by the Grateful Dead in 1971 as well, heavily played during 1971 and 1972.

3. Ace of Spades - Motörhead

Ok, the next song is loaded with some great gambling verses like "The pleasure is to play, makes no difference what you say, I don't share your greed, the only card I need is the Ace of Spades" will definitely set you in the right mood for hitting some winning combinations. Released in 1980, the song was inspired by slot machines that the lead singer Ian Fraser “Lemmy” Kilmister played in London pubs.

2. Viva Las Vegas - Elvis

As soon as you start playing the second song from our playlist “Viva Las Vegas,” you’ll probably picture a huge casino and a great gaming atmosphere. Performed by the legendary Elvis Presley, the 1964-released song brings the glamour of the city, and its beat will get you in the mood for some serious gameplay. This song was written for the movie of the same name starring Elvis Presley, in which he plays a race car driver waiting tables at a hotel to pay off a debt. There’s this famous scene when he performs this song at the talent competition alongside many showgirls.

1. The Gambler - Kenny Rogers

Performed by the legendary country singer Kenny Rogers, The Gambler song is our number 1 - it's full of some betting advice that are relevant today, even though it was released more than 40 years ago, in 1978. Here’s how it goes… “If you're gonna play the game, boy you gotta learn to play it right, you've got to know when to hold 'em, know when to fold 'em, know when to walk away, and know when to run.” These classic chorus lines were told from the first-person perspective inspired by a conversation the author had with an experienced poker player on a train. Written in the form of poker metaphors, Schlitz wrote the tune in honor of his late father.
Johnny Cash is also among other musicians who recorded The Gambler in 1978, on Gone Girl.

What do you think? Which one is your favourite?

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