Don’t you hate it when people jerk your bobber?
More like stuning his beeber.
I hope both consult their CPAs for tax advice. The share given to the friend will be subject to gift tax.
I’m sure they can minimize the tax bill if the transaction is structured a certain way.
Is this a fishing phrase? Like when you and a friend are fishing side by side and have lines in the water and when the bobber bobs you know you have a fish on the line. So if you jerk your friend’s bobber that would mean you are pranking him into thinking he has a fish on the line.
Let’s see $22 million, collect immediate payout cut it in half, split with friend cut that in half. Pay taxes on that, maybe half. They’re left with a couple of million each. Comfortable but not in “buying my private jet to go to my private island” rich.
That’s one helluva friend. Pretty nice feel-good story.
A man of his word, a true personal honor and integrity.
“are you jerking my bobber?
It doesn’t get anymore “Wisconsin” than that. Lol!
Yeah, well, when the winner blows through his millions, he’s going to regret his “generosity.”