Are gambling winnings taxable?

2022-09-08T13:31:12-04:00

We get this question a lot. Unfortunately, you will not be so lucky when it comes to taxes. Gambling winnings are taxable income Winnings at a casino, on a scratch ticket, the bingo hall, or sportsbook are taxable income. The amount of income is the net winning on per wager. For example, if you bet [...]