Gambling taxes on your winnings are now not exempt. If you happen to would possibly well well perhaps also very smartly be a U.S. citizen you owe Uncle Sam a part, regardless if gained right here or in a foreign country. The IRS considers all gambling winnings taxable earnings, even though it is an amount that doesn’t obtain reported to the IRS by the payer, take care of that $20 settle on on a scratch off ticket, or a lucky $250 when your numbers hit, even a $1,000 jackpot on your favorite slot machine. Sadly, gambling taxes are due.