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Gambling Laws in Las Vegas. What You Need to Know One third of all Nevada general tax revenue comes from state gambling taxes. The state of Nevada and casinos like to call it “gaming” since ”gambling” has such an negative ring to it. We agree. How much do you have to pay in taxes if you win $10 Oct 18, 2017 · [US tax perspective] Well, you’ll “go home” with $7.5 million, as the casino will automatically withhold 25% of your winnings when they issue you a W-2G form. $2.5 million will be remitted by the casino to the IRS on your behalf, much like how fed... Do You Have to Pay Taxes on a Slot Machine Jackpot?
One third of all Nevada general tax revenue comes from state gambling taxes. The state of Nevada and casinos like to call it “gaming” since ”gambling” has such an negative ring to it. We agree.
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