Taxable Games

Taxes On Gambling Winnings

The IRS mandates that US casinos, horse racing tracks, greyhound dog racing tracks, bingo halls, state lotteries and other gambling establishments to withhold taxes on gambling winnings on US non-residents. Generally, US non-residents are taxed once their winnings have surpassed a certain threshold and fulfilled certain conditions. However, US casinos and other gambling establishments run by Indian tribal governments may withhold 30% tax on all gambling games regardless of whether or not the typically outlined threshold for the gambling game has been met (except for traditional baccarat, Big 6 wheel, blackjack, craps or roulette, which is never taxed).

By and large, US casinos and other gambling establishments will withhold 30% taxes on gambling winnings from US non-residents when the following conditions are met for each gambling game:

Casino Games With No IRS Federal Tax Withholdings

BINGO WINNINGS

Winnings (not reduced by the wager) of $1200 USD or more are taxed.

CONTEST, RAFFLE, SWEEPSTAKES, PRIZE WINNINGS

Winnings of $600 USD or more are taxed when the winnings are also at least 300 times the original wager.

DOG RACING WINNINGS

Winnings of $600 USD or more are taxed when the winnings are also at least 300 times the original wager.

GAME SHOW WINNINGS

Winnings of $600 USD or more are taxed when the winnings are also at least 300 times the original wager.

HORSE RACING WINNINGS

Winnings of $600 USD or more are taxed when the winnings are also at least 300 times the original wager.

JAI ALAI WINNINGS

Winnings of $600 USD or more are taxed when the winnings are also at least 300 times the original wager.

KENO WINNINGS

Winnings (reduced by the wager) of $1500 USD or more are taxed.

LOTTERY WINNINGS

Winnings of $600 USD or more are taxed when the winnings are also at least 300 times the original wager.

POKER TOURNAMENT WINNINGS

Winnings (reduced by the buy-in or wager) of $5000 USD or more are taxed.

SLOT MACHINE WINNINGS

Winnings (not reduced by the wager) of $1200 USD or more are taxed.

If you have won at a US casino playing the following casino games, you will notice that there are NO federal tax withholdings from the Internal Revenue Service:

* Baccarat

* Big 6 Wheel

* Blackjack

* Craps

* Roulette

If you want to avoid paying taxes on gambling winnings while gaming in the US, request a tax refund application package now.  Claiming back your taxed US casino winnings has never been easier!