K
KLMA
Guest
What is the name of your state? Michigan
Hi. I won a trip to the Super Bowl in Houston. It was very exciting, but since we are not huge football fans we have found someone to purchase the trip from us. The trip is valued at around $15,000. This individual is willing to pay us $4000 (plus he knows he'll have to pay the taxes on the $15,000.) I know that I am allowed to transfer the prize because I spoke with the company that I won it from and they sent me a transfer affidavit form. However I've never asked if I'm allowed to make this transfer and receive money for it. (Ignorance is bliss????) Does anyone know of any law that makes it illegal to transfer a prize and receive money for it? Should I make up a form that states that the money he is giving me is a gift...then another form indicating that I am giving him the Super Bowl trip? I just don't want to do anything illegal and end up in jail!!!
Thanks for your help. We are signing the affidavit papers tomorrow morning with a notory at the bank so a quick response would be greatly appreciated!
Hi. I won a trip to the Super Bowl in Houston. It was very exciting, but since we are not huge football fans we have found someone to purchase the trip from us. The trip is valued at around $15,000. This individual is willing to pay us $4000 (plus he knows he'll have to pay the taxes on the $15,000.) I know that I am allowed to transfer the prize because I spoke with the company that I won it from and they sent me a transfer affidavit form. However I've never asked if I'm allowed to make this transfer and receive money for it. (Ignorance is bliss????) Does anyone know of any law that makes it illegal to transfer a prize and receive money for it? Should I make up a form that states that the money he is giving me is a gift...then another form indicating that I am giving him the Super Bowl trip? I just don't want to do anything illegal and end up in jail!!!
Thanks for your help. We are signing the affidavit papers tomorrow morning with a notory at the bank so a quick response would be greatly appreciated!