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slot winnings Winnings and Tax Information and Planning, only refers to gaming or gambling on slot machines in casinos, not any other type of gaming or gambling in  For Preparing Your 2015 Tax Return Lasser Institute • Gambling Winnings slot machines at the end of each session of play, which begins when  Large Wins: For slot machine wins that exceed $5,000 and are more than 300 times your initial bet, the casino will usually withhold 24% for

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