Gambling taxes to your winnings are no longer exempt. In case you are a U.S. citizen you owe Uncle Sam a fraction, regardless if acquired here or in another country. The IRS considers all playing winnings taxable profits, even supposing it be an quantity that doesn’t salvage reported to the IRS by the payer, cherish that $20 resolve on a scratch off worth, or a lucky $250 when your numbers hit, even a $1,000 jackpot to your favorite slot machine. Sadly, playing taxes are due.
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