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    What if You Win a 60-Thousand-Dollar Slot Machine Jackpot?

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    ЗнакомстваMy lack of concern here hinges on understanding that big jackpots generate a W-2G tax form when won at a casino. Are you ready to win a thousand-dollar slot machine jackpot? I was testing to see if it was a winning slot machine. This is where I walked right into trouble. I always remember how upset this taxable jackpot winner was whenever I work with a slot attendant. The danger of not keeping gambling records is having to pay income taxes when avoiding them, or getting a refund later, was entirely possible. Right about then, 30 seconds after the slot machine hit, I basically went into shock. Basically, you need a plan in case you win a taxable jackpot. Treasury to confirm the source of that much cash.



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