Refund Management Services For Your US Gambling Wins

Win A Las Vegas Jackpot? U.S. Gambling Taxation Is Our Specialty

If you asked one hundred Canadians if they would want to hit a Las Vegas jackpot, just about every single one of them would say "yes".Of those one hundred would-be Las Vegas jackpot winners, the vast majority are also unaware of the Internal Revenue Service's gambling taxation.If you win a Las Vegas jackpot, you will be subject to gambling tax of 30% on your win.Luckily a Certifying Acceptance Agent like United States Gambling Refund can handle your refund management services, allowing you to receive a casino tax rebate easily and quickly.

Las Vegas Jackpot Or Not, No Escaping US Gambling Taxation

There is no gambling taxation in Canada.All Canadian gambling jackpots are considered to be ‘windfall gains' like life insurance proceeds.Thus, many Canadians are shocked when their Las Vegas jackpot is taxed at a rate of 30%.The Internal Revenue Service (IRS) levies gambling taxation on gambling winners in all the US states.As long as the jackpot was won inside the United States, it will be subject to the IRS' gambling taxation laws.Thus, not only a Las Vegas Jackpot will be taxed, but a jackpot from
Washington, a jackpot from Detroit, a jackpot from Atlantic City, and a jackpot from a US-based Indian casino is subject to IRS taxes.

When Does Gambling Taxation Take Effect?

The minimum threshold for IRS gambling taxation varies.For slot machine jackpots, the 30% gambling tax takes effect for wins of $1200 USD and above.Thus, if a winning gambler won a $1200 USD slot jackpot, he/she will be taxed at 30%, and will only take home $840.00 USD (70% X $1200 USD = $840 USD).  A slot jackpot of $1199.99 USD or less will not be taxed, and the gambler will take home the full amount.

The threshold for taxes on lottery wins is $600 USD.However, gambling taxes take effect on keno wins of $1500 USD and above.The IRS rules for gambling taxation aren't completely rational, but that should not be a surprise.

It is important to note that table games (e.g., blackjack, poker, roulette, etc.) are generally not taxed. However, table game tournaments are subject to gambling taxation.

Contact U.S. Gambling Refund For A Casino Tax Rebate

Certifying Acceptance Agents like U.S. Gambling Refund can obtain casino tax rebates for gambling winners who have been subject to gambling taxation in the United States.We are licensed by the US government and are the most efficient, most thorough, and most trusted methods for Canadian and international gamblers and their needs for refund management services.

Up until recently, a Canadian winning a Las Vegas Jackpot have been disappointed to see his/her winnings reduced by US gambling taxation laws.  Now, Canadians with withheld US gambling taxes can apply for a refund of US gambling taxes with our help.