Oneida Nation members await $88M per cap payout

Monday, December 17, 2007  

Members of the Oneida Nation of Wisconsin will be getting something extra from their tribe's casino.

The 16,000 members will share in a $88 million per capita payout from the tribe's gaming revenues. Members over the age of 62 will receive $10,000 while the rest will receive $5,000.

That's the amount before taxes, though. Tribal members will have to report the payment as income, which might change their tax bracket.

The tribe normally pays out about $800 a year in gaming revenues. The tribal membership voted for the one-time $88 million payout.

Get the Story:
$88 million payout poses questions for Oneidas (The Green Bay Press Gazette 12/17)