How much do your winnings have to be before claiming on

1 Backup Withholding: If you don't give the casino your tax number when they ask for it, they might take 24% of your winnings for taxes · 2

All gambling winnings, regardless of the source, are considered taxable income by the IRS For US citizens, gambling winnings are fully taxable

how to win at casino slot machines Any gambling winnings are subject to federal income tax If you win more than $5,000 on a wager, and the payout is at least 300 times the

how to cheat online slot games If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you didn't give the payer your tax ID number, the withholding