I think what RS is trying to say is that the IRS or other feds could still question how you won 100,000, then lost the whole 100,000, yet still have 100,000 in your bank account. It is kind of like where Rob says he won 1,000,000 but was able to write it all off. Then people say that you didn't have a million profit, you had zero profit if you wrote it all off. But he says he still has the million.