Tax on winning lottery, puzzle, card game, horse race

can you use losing lottery tickets on your taxes
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If a player wins more than $5,000, an additional 24 percent federal withholding tax will be withheld when the prize is claimed What tax information is provided

The rule is this: Whatever losses you incur can be deducted from your winnings but “may not be more than the amount of gambling income reported

can i run a pcie 40 in 30 slot Gambling losses are indeed tax deductible, but only to the extent of your winnings and requires you to report all the money you win as taxable

can you give me tonight''s lottery numbers Whether you buy a winning lottery ticket, beat the house at blackjack, hit a slot jackpot, cash out some poker chips, make a clever wager on a