Gambling taxes on your winnings have to now not exempt. If you happen to are a U.S. citizen you owe Uncle Sam a fraction, regardless if won here or in a foreign country. The IRS considers all playing winnings taxable profits, even supposing or now not it is an quantity that doesn’t fetch reported to the IRS by the payer, cherish that $20 carry on a scratch off mark, or a fortunate $250 when your numbers hit, even a $1,000 jackpot on your licensed slot machine. Sadly, playing taxes are due.
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