Originally Posted by bossku69

funny, because the whole notion of the taxes you pay as an individual are "earned income tax" which winnings are not.

IMO, it's rather BS that you have to pay that % if you can provide evidence that you have lost money chasing that $1,000 win, otherwise you should be allowed to EXPENSE your gambling losses.

so, if you put in $500 into a slot machine, drain it all, then dump in your last $20 and win $600, in PA you have to pay taxes on the $600 BEFORE they will give you the winnings. I think it should be you prove, through your players card or receipts (which they don't obviously provide), that you invested $520 to make that $600, so your tax rate should be 30%+ on the $80 profit, not $600 net.

to me, makes no sense