How Are Gambling Winnings Taxed?

Answer 1 of 2: What is the tax that they take off for slot wins and how much do you have to win before they tax you in AC ?

Large Wins: For slot machine wins that exceed $5,000 and are more than 300 times your initial bet, the casino will usually withhold 24% for

slot background png Large Wins: For slot machine wins that exceed $5,000 and are more than 300 times your initial bet, the casino will usually withhold 24% for

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