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https://www.efile.com/taxable-gambling-winnings-income-taxes/ https://www.efile.com/taxable-gambling-winnings-income-taxes... suggests that winnings are taxed a
by eric_h 9y ago
https://www.efile.com/taxable-gambling-winnings-income-taxes/ https://www.efile.com/taxable-gambling-winnings-income-taxes... suggests that winnings are taxed at a flat 25% up to $5000 and beyond that it's treated as income.
- jrs235 9y agoAwesome. Thanks for that info and link! This is another reason to keep and all losing tickets... to offset your winnings and applicable taxes.