Windfall Profits
Categories: Tax, Ethics/Morals
Waterfall. Snowfall. Pratfall. Yeah, none of those are what we’re talking about here. So what’s a windfall? It’s an incredible, unexpected fortune, usually of the dolla’ dolla’ bill variety. Like…you’re at the blackjack table, and you think you’re only about to win $15 for the hand, but it turns out you just won the casino’s 1 millionth hand, and suddenly you’re surrounded by streamers and confetti and heavily makeuped women in rhinestone-studded dresses and you’re being handed a massive check for 1 million dollars.
Yeah, you should probably not double-down. Or you bought a powerball ticket on a whim. You usually never waste your money on those things, but you had a single that was burning a hole in your pocket, and you were bored while waiting in line at the Kwik-E-Mart, so…you took a shot. And you scored. You’re set for life. Huge windfall.
Another example: You were employee #8 at Google, and you decide to finally cash in your stock options. Less of a windfall. And more of a skyfall. It might be time to do a Google search for “How much does it cost to buy your own island?”
Related or Semi-related Video
Finance: What is a windfall?2 Views
Finance Allah Shmoop What is Ah windfall Waterfall snowfall pratfall
that none of those are what we're talking about here
So what's a windfall Well it's an incredible unexpected sudden
fortune usually of the dolla dolla bill variety like you're
at the blackjack table and you think you're only about
to win fifteen bucks for that hand But it turns
out you just won the casinos one million hand and
suddenly you're surrounded by streamers and confetti and heavily made
up women in rhinestone studded dresses And well you're being
handed a massive check for one million dollars Yeah you
should probably not double down or you bought a Powerball
ticket on a whim You usually never waste your money
on these things But you had a single that was
just burning a hole in your pocket And you were
bored while you were waiting in line at the Quickie
Mart there So you took a shot and you scored
and now you're set for life Huge windfall Yeah Final
example You were employee number eight at Google and you
decide to finally cash in your stock options Less of
a windfall and more of a sky fall there but
well it might be time to do a Google search
for how much does it cost to buy your own 00:01:17.84 --> [endTime] island Yeah that's a good one