Front Page of the Jacksonville Paper Yesterday

[Penguinfan]

OK, how about this, you play high stakes PLO8, say $1000/$2000 and we are going by the $5999 figure us horse players go by. You raise pre-flop with one caller, you guys raise and re-raise and finally build a $14,000 pot, you split it and drag a pot worth $7,000 which you have to pay taxes on.

You wouldn't have any real losses to show, but be obligated to pay the tax on the pot you "won".

Now I admit I am reaching here, but it could happen.