Do I need to declare my gambling winnings?

how to claim losing lottery tickets on your taxes
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Lottery winnings and costs in the are treated exactly the same as any other gambling winnings and costs You can deduct the costs of a lottery ticket but

Report all gambling winnings as taxable income on your tax return · If you itemize deductions, you can offset your winnings by deducting gambling losses

how to play poker with dice You must present your game ticket in order to receive your winnings Why should I sign my ticket? Like currency or dollar bills, Lottery tickets are 'bearer

how do poker hands rank If you itemize your deductions on Schedule A , you can deduct gambling losses you had during the year, but only up to the amount of