Playing taxes in your winnings are no longer exempt. When you are a U.S. citizen you owe Uncle Sam a share, regardless if won right here or a long way flung places. The IRS considers all gambling winnings taxable profits, although it be an quantity that does now not discover reported to the IRS by the payer, admire that $20 obtain on a scratch off tag, or a lucky $250 when your numbers hit, even a $1,000 jackpot in your favourite slot machine. Sadly, gambling taxes are due.
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