Playing taxes on your winnings are no longer exempt. In case that you just may be a U.S. citizen you owe Uncle Sam a part, regardless if won right here or out of the country. The IRS considers all gambling winnings taxable income, even though it be an quantity that does now not accumulate reported to the IRS by the payer, treasure that $20 resolve on a scratch off tag, or a lucky $250 when your numbers hit, even a $1,000 jackpot on your favorite slot machine. Sadly, gambling taxes are due.
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