Still, there’s no reason to avoid the gaming tournaments or slots when you’re south of the border. Nobody wants Uncle Sam to withhold their winnings.
and your gaming winnings are high enough or you win a prize and take the cash equivalent, the IRS will deduct 30% off of your winnings. Of course, that means you’re also subjected to a casino winnings tax. You can win a lot of money gambling in the United States. However, Refund Management Services advises that there is a way to get all or a portion of your taxes back from the IRS. Once you win a jackpot, you’re faced with a very unpleasant revelation: you are immediately taxed on your winnings. You won big in Las Vegas, Atlantic City, Reno, or one of the other gaming destinations in the U.S.
