Do I Have to Pay Tax on Casino Winnings in the US?
By jonathan
January 08, 2021
They say that the two things you can't escape in life are death and taxes. If you're in the US, then you have to pay taxes on casino winnings, no matter how large or small. First you declare and pay at state level. Then you have to include all your winnings for the IRS to look over at federal level. It's very important that you keep detailed records of all your wins and losses. As well as details such as the dates you played, along with credit card slips, copies of tickets and gambling receipts.
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