Gambling Personal income types - Franchise Tax Board -

Although the winnings itself is tax-free There are some taxes to pay after you get the winnings The tax people always get their cut, doh!

Prize winners pay betting and lottery tax on prizes If you organise a national game of chance and reside or are based in the Netherlands, you can deduct

is playing lottery a sin Interesting story indeed If an individual receives a lottery win in Australia it is generally deemed a one off prize and not taxable The website advises

is party poker legit Are lottery tickets tax-deductible? Yes IRS rules for gambling losses apply to lottery tickets The cost of those tickets can be taken as an