Gambling taxes to your winnings are no longer exempt. If it’s likely you’ll per chance be a U.S. citizen you owe Uncle Sam a half, regardless if obtained right here or foreign places. The IRS considers all playing winnings taxable income, even though it be an amount that does no longer glean reported to the IRS by the payer, like that $20 preserve on a scratch off tag, 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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