Do casino gambling winnings get taxed in CA or federally?

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In some cases, the individual must pay tax on their winnings Other times these taxes are very high, sometimes they're very low

In most cases, the casino will take 25 percent off your winnings for the IRS before even paying you Not all gambling winnings in the amounts above are subject Did you know that if you made a $5 wager on a video slot machine game, and you won a very small $20 payout that you are required by federal law

locinox elektrisch slot For slot machines, the Service further requires that a taxpayer record all winnings by date, time and slot machine number But Whether it's the slot machines or poker games, the IRS doesn't discriminate when it comes to reporting your gambling winnings How are gambling