Are poker players required to pay taxes on their winnings, even if

Are poker players required to pay taxes on their winnings, even if taxes on poker tournament winnings Connecticut income tax will not be withheld from gambling winnings if the payer does not maintain an office or transact business in Connecticut, if the payment taxes lottery winnings Prizes that are given in a competition or contest are not taxable gambling or lottery winnings if no advantage or inequality in amount or value is offered or

taxes lottery winnings The section applies to winnings from crossword puzzles, card games , lotteries, quiz shows, dancing

taxes on $2 million dollars lottery winnings If a player wins a prize at the close of a tournament, only the buy-in that resulted in the win should be deducted from the winnings to determine the proceeds Under IRC § 1441, withholding of 30 percent is generally required on the payment of source income, including gambling income, to nonresident aliens