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He’s our online and land-based casino review expert and a blackjack fanatic. Mike’s a table video games strategist and is devoted to helping you make informed decisions. Every state where gambling is authorized has its own regulatory authority.
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Casino winnings are taxable revenue and should be reported to the IRS. Federal taxes apply at a 24% price on reported gambling winnings, and Pennsylvania taxes playing income at three.07%. Withdrawal occasions vary from a number of hours to a number of days, depending on the method.
