When you add that it's gambling winnings we're talking about, the idea that The black letter rule is that everything is income for tax purposes.
If you play the ponies, play cards or pull the slots, your gambling winnings are taxable. You must report them on your tax return. If you gamble.
If you receive a certain amount of gambling winnings or if you have any winnings that are subject to federal tax withholding, the payer is.
Gambling winning tax - players magazine
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