Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

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.


Awesome. Thanks for that info and link!

This is another reason to keep and all losing tickets... to offset your winnings and applicable taxes.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: