Do I have to pay taxes on winnings?

Support

Updated March 25, 2019 21:51

You love big wins. We love big wins. But so does Uncle Sam. According to federal and state laws, b spot must report wins of $600 or more to the IRS, which may result in certain withholdings. Please contact your tax adviser if you have any questions about tax implications. To read more about our reporting requirements, please see our Terms of Use.

Do I have to pay taxes on winnings?

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