A $57,978 triple payoff occurred yesterday at Laurel Race Course with Shelton Key, $75.20 to $2, scoring a half-length victory over 50-to-1 Bluffers Decal. E.Z. Tool finished third after receiving heavy late win play. He went off at 2 to 1.
There was one $6 triple ticker sold on the winning combination of 8-11-2. That ticket holder actually bucked offs of 57,978 to 1 because there were no $3 triple tickets sold.
The gross triple pool for the ninth race was $77,340. The various taxes reduced the pool to a net of $57,978.
About $4,500 will be deducted from his winnings by the Federal government which imposes a 20 percent tax at the source on winnings over 300-to-1 odds.
In addition, the ticket holder will have to declare the remaining $43,383 as income and pay federal and state taxes on the balance.
The ticket was sold from the advance triple betting windows, meaning that the winner could have made the wager after the second race when the advance betting for the ninth race triple is begun.
In the feature race, Great Daughter responded to the heavy urging of jockey Rudy L. Turcotte to run down favored Dancing Cobra in the final yards and score by a length. Loss Or Gain was third.
Great Daughter paid $10.60 and ran the six furlongs in 1.11.