Quote:
Originally Posted by DeadFidel
I was at the Yonkers casino last night and got lucky on roulette winning $950. When I cashed in the voucher I was told to give my Social Security number and deducted $306 from my payout.
Hard enough to beat the casino but you cannot beat the internal revenue service.
What's the point in gambling these days?
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because they know you won't claim it yourself
each state has it's own limit before they will charge you. PA for slots is $600 and I think table games is $2k? I'm not sure, but as long as you don't tell them you won at a table game, they don't know if you walked in with $10k and walking out with $5k, slots are a bit different.
my friend's gf and her cousin went to the casino near us and she won $1,100 on a slot. they came to get her info and then SEIZED the money because she hasn't paid her taxes in a few years