Being from Canada anything I win over $5000 in the US the casinos automatically withhold 30% off the top.
If I won $100k and paid on the gross amount won and I sold 50% I would have to pay out $50k and I would only get $20k for my 50%.
There is a process for me to get the taxes withheld back but it does take up to 1 year. Any taxes I get back I would then pay out investors their percent of that money at the time I get that money back. Being from Canada all gambling winnings are tax free for me but your Uncle Sam wants his cut.
Hope this makes sense.
