>>>Why should the logic be one way ?
>>
>>Taxes are not supposed to be a game of chance.
>>
>>Slot machines are.
>
>Before we argue this further are we agreed that the $43m was an erroneous figure ?
It depends. If the machine had signs on it, or it displayed *before* the wager was taken, that the maximum payout was $215K, then yes, it's an error.
If there's no such display, the contract is, "I pay $X, I might win
a lot of money". If the amount is unspecified, then if the machine announces a $43M win, that is clearly not an error, as it's clearly
a lot of money.
Bear in mind, it's in a casino's interest to tempt punters with higher potential payouts - it's more attractive to wager on a machine that might pay $10M than one that might pay $100K. Gaming commissions take a very dim view of any practices where punters are misled, even unintentionally.
Regards. Al
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