Gambler says Bally's Atlantic City won't pay $ slot machine win

The IRS mandates the reporting of all gambling winnings as income This includes not just cash winnings but also the fair market value of non-

Gambling winnings are fully taxable and you must report the income on your tax return Gambling income includes but isn't limited to winnings from lotteries,

slot madness coupon Prizes that are given in a competition or contest are not taxable gambling or lottery winnings if no advantage or inequality in amount or value is offered or

slot w Whether it's the slot machines or poker games, the IRS doesn't discriminate when it comes to reporting your gambling winnings How are gambling