Chinese man wins 1.8 billion yen from betting on Japanese horse races

Chinese man in his thirties won 1.8 billion yen betting on Japanese horse races. The money is enough to buy 10,000,00 pieces of fried chicken from Family Mart. He used a special software program that predicted the winning horse of a race and received financial capital from Chinese investment groups. He won 9.5 billion Yen ($89. 5 million) but 7.7 billion (£72.555 million), minus the cost of buying betting tickets.

The Chinese man was supposed to split his winnings with the investment groups that graciously provided him with money. He hid his gambling earnings and it wasn't until he had to file his tax return that the Nagoya Tax Bureau discovered his secret. Even after paying the taxes and a heavy fine, he was still left with 800 million yen.

Chinese man wins 1.8 billion yen from betting on Japanese horse races. He gets the money after taxes.

Chinese man won 1.8 billion yen betting on Japanese horse races. He has since returned to China.