Do You Have To Pay Taxes on Slot Machine Winnings?

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slot winnings How to report gambling income All gambling winnings are taxable including, but not limited to, winnings from lotteries, raffles,  How do you file a W-2G form when the gambling winnings are out of state? Learn more from the tax experts at H&R Block   Large Wins: For slot machine wins that exceed $5,000 and are more than 300 times your initial bet, the casino will usually withhold 24% for

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