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Onemoretry, I have had many Vegas jackpots where nothing was withheld. And I have had them where federal was withheld. I think it depends on the policy of the particular casino.
At my home casino at Biloxi, they always deduct 3% non-refundable state tax only, never federal. They will deduct federal only if specifically asked to do so by the winner.
Off to Nevada
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FAA
- Video Poker Master
- Posts: 9402
- Joined: Wed May 28, 2014 11:58 am
At my home casino at Biloxi, they always deduct 3% non-refundable state tax only.
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Awesome deal! Connecticut famously charges Olds 7%.
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Awesome deal! Connecticut famously charges Olds 7%.
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olds442jetaway
- Video Poker Master
- Posts: 11259
- Joined: Tue Aug 21, 2007 9:08 pm
At least mine is withholding only, but it usually vanishes at tax time because we are taxed on Gross AGI and no writeoff ability like the Fed if you itemize. It’s still optional in Ct, but get ready to write a big check if you are under withheld. 
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onemoretry
- Video Poker Master
- Posts: 3088
- Joined: Tue Mar 03, 2009 8:00 pm
We are nonresidents (Canadian). The rules for us are different. Up until this recent event, we have never had a jackpot where there was not a 30% withholding. We then have to file a 1040NR tax return to, hopefully, get it back. At present, we have a bit over $7000 owing to us from our 2024 returns. And, of course, there will be a somewhat similar amount for us to claim when we file for 2025.
