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The Gambler's Tax Guide—How to Protect Your Winnings from the IRS
slot winnings
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slot winnings For slot machines, the Service further requires that a taxpayer record all winnings by date, time and slot machine number But The 24% tax withholding typically does not apply to wins from bingo, slot machines or keno, Lewis said, but you may have to provide the casino Understanding average payout When casinos advertise that their slot machines pay out an average of 90 percent, the fine print they don't want
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