Do you have to pay taxes on money won at NC, VA casinos?

The withholding rate is 5 percent Reporting is required for slot machine winnings of $1,200 or more and pari-mutuel winnings of $600 or more, provided that the

How Are Gambling Taxes Paid? In some cases, taxes are paid on gambling winnings right away The money is held by the casino and submitted to

how to clean n64 cartridge slot The simple answer is that in the US, all winnings from a slot machine are subject to tax, including cash and non-cash winnings By law, if the amount you win

how to win at foxwoods slot machines All gambling winnings are taxable income—that is, income that is subject to both federal and state income taxes (except for the seven states that have no income