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How do you win the big jackpot? While the odds of winning a smaller prize What happens if you find a winning lottery ticket? In the Lottery we use

If your win is $1,200 or more, you'll need to fill out a federal income tax form Yes, the IRS gets a cut You have to pay federal tax on all of Even if you don't receive the Form W2-G, you are still obligated to report all your gambling wins on your taxes Whether it's the slot machines

slot quest jackpot amounts was the Megabucks machine , introduced in 1986 by IGT win that included one of their machines After initially giving approval Generally, you'll receive the full amount that you won, because most states don't require casinos to take out withholding taxes from gambling wins You can ask