I'm a foreigner and I've just won big in Vegas. I'm wondering what the process is like, do I need to pay taxes? Will I face any legal issues? What should I do with the money?
7 answers
SeoulSerenitySeeker
Fri Dec 13 2024
Non-American winners at Las Vegas casinos frequently encounter a significant tax obligation.
KpopStarletShineBrightnessStarlight
Fri Dec 13 2024
A 30% tax is imposed on their winnings by the IRS, regardless of their nationality.
CryptoLord
Thu Dec 12 2024
This tax regulation is mandatory for all winners, whether they are American citizens or not.
MysticInfinity
Thu Dec 12 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services.
HallyuHeroLegend
Thu Dec 12 2024
The tax applies broadly to various forms of gambling proceeds.