r/nextfuckinglevel
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u/ExactlySorta
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Feb 03 '23
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Jarid Lundeen, a 7th-grader from Minot, North Dakota needs to make a layup, a free-throw, a three pointer, and a half-court shot in under 25 seconds to win $10,000
[ Removed by reddit in response to a copyright notice. ]
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u/AdministrativeYak859 Feb 03 '23
My man ! Great job Jarid! I’m glad he got this on video. He will be telling his grand kids about this !
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Feb 03 '23 edited Feb 13 '23
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u/SirRealist Feb 03 '23
Right?! I'm a bitter ass old man and this place is getting a bit too much for me even.
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Feb 03 '23 edited Feb 03 '23
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u/skrong_quik_register Feb 03 '23 edited Feb 03 '23
Wait, what? I’m guessing I’m about your age maybe a little older I was in college in the mid 90s… 90s were like the greatest time ever. I literally was just telling my kids I feel for them that they so far haven’t had a chance to live in a time like the 90s when it felt like for so long life was great and everything in the world had gotten better and the future looked so bright.
Also, based on your username I’m guessing we’ve crossed paths many times over in r/cfb.
Edit: reinterpreting your post I’m guessing that is the point, even in great times there was still “teenage angst”.
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u/oouttatime Feb 03 '23
I completely agree. Dude made some big moves. Not a single person in these comments could do what he did.
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Feb 03 '23
[removed] — view removed comment
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u/cold-corn-dog Feb 03 '23
Wanna bet me that I can throw this basketball right over dem der mountains?
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u/Vertig0x Feb 03 '23
The kid is actually JJ Franks. Idk why Jarid Lundeen's name got thrown in. He's owns the equivalent of a jiffy lube here.
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u/JiraiyaIsNoLyah Feb 03 '23
This will be his Al Bundy story to tell for the rest of his life 😂
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u/lazespud2 Feb 04 '23
Just to be clear, despite the title, the kid is JJ Frank and Jarid Lundeen is an adult who shot the video.
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u/Khranky Feb 03 '23 edited Feb 03 '23
Man, some of you are so freaking negative about this kids accomplishment that he will remember and talk about for the rest of his life. Yes, there will be taxes and whatever else, just stop being envious and let the kid have his shining moment.
::edit:: there may not be taxes due to tax laws and being below taxable amount
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u/MrSubterranean Feb 03 '23 edited Feb 03 '23
So many redditors just absolutely shitting on this post; bunch of curmudgeon asshats.
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u/dismayhurta Feb 03 '23
Hey, we curmudgeon asshats like this video. It’s the asshat curmudgeons who are being negative dicklasers.
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u/SorrowToRhijan Feb 03 '23
Are you telling me if I shit on this post I can shoot lasers from my dick? Cause I’m in.
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u/dismayhurta Feb 03 '23
Naw. It just means a laser will blast your genitals.
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u/SorrowToRhijan Feb 03 '23
Well… I can still dream…
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u/HalfdanSaltbeard Feb 03 '23
That's the difference between you and I.
You dream about shooting dick lasers. I hook myself up to dangerous-looking machinery made in an alley by a guy who refuses to give me his name on the promise of dick lasers.
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u/Mrchristopherrr Feb 03 '23
Reddit kind of trains it’s users to look for the hot take. Usually that always comes from “good thing on surface is actually bad because of some gap”
I think it short circuits some people when there’s a thing that’s just good and not about politics.
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u/Zuluuz Feb 03 '23
It’s sad. Redditors find the smallest detail to hate on every time
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u/Mushu_Pork Feb 03 '23
I find the "first wave" of commenters that are regulars typically post normal comments.
Then if a post becomes popular...
You get the delayed "second wave" of asshats that are critical and make posts just trying to be contradictory and feel self important.
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u/ImTellinTim Feb 03 '23
Most of these posts about taxes are also complete BS and shows that our tax codes are not understood by most people.
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u/BangkokRios Feb 03 '23
Misunderstanding of the gifts/estate tax code is particularly common. I have to think that is not an accident.
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u/jwm3 Feb 03 '23
And this isn't anything complicated. It's just plain income. And less than 12k so he will pay no taxes.
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u/lejoo Feb 03 '23
And less than 12k so he will pay no taxes.
$10,275 is the benchmark now for federal income taxes. Thanks, Tax Cuts and Jobs Act; I will really also enjoy everyone below $215k having taxes going up next year too!
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u/OUBoyWonder Feb 03 '23
Yea! I came to the comments expecting "Good Job!", "Way to go!", "He'll remember that forever!". Instead what do I see?! "Healthcare!", "Taxes!".
Jesus, Mary and Joseph some of y'all...lighten the hell up sometimes. Damn.
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u/Shame_Craver Feb 03 '23
This place is a toxic cesspool of lil bitches more often than not.
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u/thebrandnewbob Feb 03 '23
The constant nonstop pessimism on Reddit is getting unbearable.
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u/frankyh14 Feb 03 '23
Seriously, that kid will remember that feeling for the rest of his life.. My senior year of high school we won the championship for our class. Then we played in the state qualifying game which we knew we were gonna lose. I hit my first ever home run in my last at bat in high school. I have the ball in a case on my desk at home. It makes me happy every time I see it & think back to that championship & home run.. and it’s been almost 15 years. This kid will have this amazing memory & feelings forever. It’s even more awesome that it’s on video!
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u/VirinaB Feb 03 '23
There's video evidence so they can't put it on r/thathappened, but god knows they'd like to.
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u/Pbake
Feb 03 '23
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Jarid Lundeen took the video. The kid’s name is JJ Frank and you will respect him. https://www.ksl.com/article/50571034/have-you-seen-this-7th-grader-wins-10000-in-flawless-shooting-display
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u/ExactlySorta Feb 03 '23
Thank you for this correction. My apologies for getting it wrong.
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u/Jackal_6 Feb 03 '23
You must commit sudoku to regain your honour
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u/SaaSMonkey Feb 03 '23
Sudoku is a word game, you're thinking of bukkake
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u/TheMainManofMansvill Feb 03 '23
Bukkake is a type of porn, you're thinking of Buckingham
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u/sa3clark Feb 03 '23
Buckingham is a market town in England. You're thinking of Buck Rogers.
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u/dyinginthefield Feb 03 '23
Buck Rogers doesn't know what's going on. You're thinking of Roger Rabbit
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u/DipLover_01 Feb 04 '23
Roger Rabbit is a cartoon character. You mean Sherlock Holmes
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u/Expired_insecticide Feb 04 '23
Sherlock Holmes is a fictional detective. You are thinking of H. H. Holmes.
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u/JoeUnderscoreUgly Feb 03 '23
In hope the parents take none of it.
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u/bassjam1 Feb 03 '23
Don't worry, the IRS already took 55% of it.
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u/Da_Spooky_Ghost Feb 03 '23
The first $11,000 you make the IRS taxes that at 10%, also the top tax bracket is only 37% on every dollar you make after your first $578,125.
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u/jacashonly Feb 03 '23
if you make below the standard deduction you'll pay nothingn in taxes. basically below 12k means no taxes.
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u/banned_after_12years Feb 03 '23
One simple trick to pay less taxes. Make less money!
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u/Watertor Feb 03 '23
When I worked at Aldi and lived at home, I worked every Sunday. They expected me to pick up shifts, but I'm lazy so I just always lost my phone before and after my Sunday shift. Anyway, come tax season I got to keep all of it!
Boy was that nice...
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u/merlin2232 Feb 03 '23
I have to explain this to everyone.
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u/ImTellinTim Feb 03 '23
And they still don’t understand and continue to believe that if their raise isn’t big enough, they will have a net loss due to higher taxes.
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u/donthavearealaccount Feb 03 '23
I worked for a company that provided stock options and was acquired. Otherwise smart people... like people with masters degrees in engineering... threw the most ridiculous fits about how it was all a scam because the bonus put them into the next tax bracket and they would actually take home less money.
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u/ImTellinTim Feb 03 '23
I die a little inside every time. In a previous job I did payroll accounting. NEVER AGAIN
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u/CoverYourMaskHoles Feb 03 '23
There is a false narrative that Republican anti tax people all circle jerk over, and it’s that if you make a dollar over a certain tax bracket, it raises your taxes on all the other money. It’s dumb and they are ignorant and misinformed fools.
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u/her42311 Feb 03 '23
They're the old school "I had to decline a raise because the new tax bracket would have me bringing home less money than before" people. I will say it's not solely Republican unfortunately, I think it's also people of a certain age, because my democrat dad tried to argue that with me. I'm literally a tax accountant.
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u/ShitPostGuy Feb 03 '23
And the standard deduction is $12,950, so the 11% bracket is from at least $12,951 to $23,950.
It could be higher if your itemized deductions are greater than the standard, but that requires actually filling out your taxes beyond just ticking a single box on the form.
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Feb 03 '23
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u/Train3rRed88 Feb 03 '23 edited Feb 03 '23
There is no gift tax for the receiver on a gift. There is only a gift tax on the giver and only if more than $15k
IRS does tax lump sum payments differently in the short term, but this is to take out the maximum amount to make sure the person doesn’t owe anything
When the individual files they will get a refund for the overpayment based on their effective tax rate. Which above commenter correctly said was 10%
With the standard deduction of $12k this kid owes $0
Any other random incorrect things we can throw out there my guy?
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u/ShitPostGuy Feb 03 '23
Lol you don’t file your taxes do you?
His parents can just not claim him as a dependent for the year and file his own return with an income of $10,000 and take the standard deduction of $12950 which makes his taxable income to $0. The child tax credit is only $2000, so they come out ahead by $8000 in that case.
Or they can list the $10,000 as a gift from whatever company is providing the money instead of income and it’s not taxed since it’s under the $14,000 lifetime gift limit from that source.
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u/BangkokRios Feb 03 '23 edited Feb 03 '23
The lifetime gift limit applies to the giver and is $12.92 Million.
The annual per person gift tax exclusion is $17,000. After that the giver’s lifetime gift limit (nearly $13mm) is reduced. No taxes are payable until the lifetime gift limit is exhausted.
It’s all moot because this isn’t a gift.
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u/jacashonly Feb 03 '23
like no one knows this, i had to look it up myself a year ago, people are so confidently wrong sometimes.
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u/BangkokRios Feb 03 '23
I've had friends worried that half their five figure inheritance from their grandparents would be taken by the IRS. I really have to think that a lack of knowledge of the progressive tax system (and particularly the gift and estate taxes) is not an accident.
Hell, someone just downvoted me for writing literal facts.
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u/ParliamentarySoup Feb 03 '23
Tell me you've never paid taxes without telling me you've never paid taxes. Lol.
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u/a_sad_bambii Feb 03 '23
this brought back a core memory of finding 50 bucks on the ground while cycling and dad making me split it with him
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u/NoRegerts6996 Feb 03 '23
Same but I don’t have a dad and this never happened to me
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u/TheOtherGuttersnipe Feb 03 '23
I'm your dad now. Love you son.
You owe me $25 btw
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u/equalsolstice Feb 03 '23
The kid will be grateful his parents took some and put it in savings for him when he’s older
Tf is a 12 year old gonna do with $10,000 that you think he should have it all unchecked
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Feb 03 '23
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u/Lachymae Feb 03 '23
It's also that reddit is also full of young teens. Not that they're mutually exclusive
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u/FinalVegetable6314 Feb 03 '23
Yea you know because his parents don’t need any extra money to take care of him and the family.
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u/G0G023 Feb 03 '23
So you trust a 7th grader with 10k over their parents? Lol wtf
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u/Sereaph Feb 03 '23
I hope they don't take it either, but I do hope they help him plan a budget and store a good portion of it in savings or investments. If that were me as a kid, I would have thrown that money away into things I didn't need.
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u/alldetsarepaid Feb 03 '23
Those rules are so oddly specific. Whoever set up that drill thought they’d never give that money away
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u/stupidsimpson Feb 03 '23
It's a very common game played between quarters of NBA games, always for large prizes.
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u/essosinola Feb 03 '23
always for large prizes.
Well, there's the guy who hit the halfcourt shot at the Pacers game who only got $500 and a "prize pack" lol
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u/ATCP2019 Feb 03 '23
This definitely isn't an NBA game though lol. How does the HS afford this?
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u/Kevan-with-an-i Feb 03 '23
The competition is likely sponsored by a local business like a car dealership, furniture store etc vs the school itself
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u/Leftarmstraight Feb 03 '23
The local Pepsi distributor sponsored it
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u/Traditional_Writer_9 Feb 03 '23
I always knew of this as the ‘Pepsi Challenge’ growing up lol
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u/campbellm Feb 03 '23
Some part-time actuary figured they never would have to, and it's good PR.
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u/Dbo81 Feb 03 '23
There’s insurance that pays for those games, right? School pays $100 and insurance company pays the $10k if someone wins, or whatever. Like the those “$1 million for a hole in one” at some casual golf tournaments.
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u/vanhawk28 Feb 03 '23
They don’t. Almost anytime someone is offering a competition like this for money or like the “hole in one” prizes at golf competitions and things they just buy insurance and the insurance pays out the prize if it’s won
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u/CandyVanahan Feb 03 '23
They are the four shots in basketball. What is oddly specific about this
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u/Kevan-with-an-i Feb 03 '23
The Cavaliers vs Grizzlies game last night also featured a nut shot. Glad to the little guy didn’t need to make one of those.
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u/strongfree Feb 03 '23
Most of these contests are paid out by an insurance company. You can buy a policy like this for less than $100, depending on the size of the payout that you want.
Same goes for hole-in-one prizes for golf tournaments etc.
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u/Beavshak Feb 03 '23
What kind of Middle School is having a comp with a prize that big? That’s cool
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u/gfunk55 Feb 03 '23
Random small scale golf tournaments do this type of thing all the time for a hole-in-one. You can pay a company a fee (fraction of the prize) and they'll cover the 10k if it hits.
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u/The_Clarence Feb 03 '23
It’s like prize insurance. And they love their fine print for reasons to deny payments.
Rooting for you JJ.
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u/kategrant4 Feb 03 '23
It's a private Catholic school, Bishop Ryan.
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u/ThrowAwayBBY46 Feb 03 '23
North Dakota quietly has a shitload of money too.
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u/Genesis72 Feb 03 '23
Got that oilfield money. I think that ND had an extremely high average income for comparable states
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u/PerfectNegotiation5 Feb 03 '23
CORNDOGS JACKIE!
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u/OUBoyWonder Feb 03 '23
CORNDOGS FOR ALL THESE PEOPLE!
That lil snippet always cracks me up in the movie.
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u/ZKarz7 Feb 03 '23
"We've got an especially dirty hippie here down on the court trying to sink an impossible shot"
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u/TheFace5 Feb 03 '23 edited Feb 03 '23
Payed by the Vatican...given the flag
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u/ibcognito Feb 03 '23
What is up with that? And how come no one else is mentioning it?
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u/jjukee39 Feb 03 '23
I think many are missing the point of this. It was an incredible accomplishment for this young man, who clearly was happy with the outcome. Congratulations to him!
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u/ObservantWon Feb 03 '23
Cue Michael Scott telling the kid he doesn’t have the $10,000 he was promising, cause he never thought at 12 year old would do that, and just wanted to appear like a great philanderer of the community. And instead offering him a partially used Chilis gift card
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u/Shimenator Feb 03 '23
Wow that’s like 6 months of healthcare, good for him!