Playing taxes on your winnings are now not exempt. Whenever you happen to are a U.S. citizen you owe Uncle Sam a half, regardless if received here or in a foreign nation. The IRS considers all playing winnings taxable profits, even though it is an amount that does now not get reported to the IRS by the payer, indulge in that $20 consume on a scratch off price, or a fortunate $250 when your numbers hit, even a $1,000 jackpot on your well-liked slot machine. Sadly, playing taxes are due.
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