Roulette Taxes

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#1
I have recently been winning at Roulette to the point I'm getting a nice nest egg.. My question is how can I get around paying taxes on winnings or most of it especially when a casino can't really keep track of that .. I heard pit boss only enter ur buy-in and your avg. bet and time at table .. Plus they ask for ur I.d. or players card depending on how much u cash in... I try winning small incriments(1000) then leave but doesn't always happen won 7000 last week.. Thank you for time and help
 
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#2
It depends on the country you're in. I assume the USA.

Try cashing in amounts below the reporting threshold. For most jurisdictions, you wont be taxed on winnings unless roulette is being used as a business. Generally that means its your sole income source, or at least a major one.
 
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#3
It depends on the country you're in. I assume the USA.

Try cashing in amounts below the reporting threshold. For most jurisdictions, you wont be taxed on winnings unless roulette is being used as a business. Generally that means its your sole income source, or at least a major one.
How do I know what there reporting threshold is or find out
 
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#5
The casino might have terms you can read, otherwise you'll just get to know the thresholds as you cash chips in.
 
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