video poker contests
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- Video Poker Master
- Posts: 8586
- Joined: Mon Oct 02, 2006 12:29 am
Re: video poker contests
I guess my check is in the mail?
Word.
Word.
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- VP Veteran
- Posts: 640
- Joined: Thu Oct 05, 2006 12:14 am
Like Webman said. Originally they were gift cards, which I re-gifted. Recently, they've been checks. A dubious plot, that creates a "paper trail". Now you have to claim it on your taxes.
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- Video Poker Master
- Posts: 5165
- Joined: Thu Dec 28, 2017 3:11 pm
I believe you only have to report earnings over a certain amount ($600?) but that is not official tax advice and you should speak to a tax professional if you have questions.That would be the case whether it is a gift card or check.
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- Video Poker Master
- Posts: 1940
- Joined: Sat Jun 14, 2014 4:42 pm
Webman is correct.
It can also be $600 worth of videopoker.com apparel aside from monetary prizes.
videopoker.com would also have to report all persons who have cumulative winnings of $600 or more within the calendar year to the IRS and send a 1099 form to the person.
I personally know from others who have won online contests outside of videopoker.com
It can also be $600 worth of videopoker.com apparel aside from monetary prizes.
videopoker.com would also have to report all persons who have cumulative winnings of $600 or more within the calendar year to the IRS and send a 1099 form to the person.
I personally know from others who have won online contests outside of videopoker.com
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- Video Poker Master
- Posts: 8586
- Joined: Mon Oct 02, 2006 12:29 am
Simple; webman can set the maximum jackpot awarded on this site to $599.00.
I wonder how much that videopoker.com SWAG is worth on the black market?
I wonder how much that videopoker.com SWAG is worth on the black market?