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instructions unclear, now on a watchlist (sh.itjust.works)
submitted 1 month ago by to c/shitposting@lemmy.today
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[–] 11 points 1 month ago (3 children)

So in the US, if you win a significant amount at a casino, you get a 1099. Because gambling earnings are taxed.

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  • [–] 6 points 1 month ago (2 children)

    Theoretically you'd lose more than you'd win.

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  • [–] 4 points 1 month ago

    I mean, if you look at it like "I'm going into this casino to lose this money. The money I'm going to lose is the payment for hanging out in a room with lots of blinking lights, free well drinks and a guy in a vest, because that's my kind of place"...sure. Maybe avoid writing those gambling losses off of your taxes.

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