I Won a Jackpot in Vegas, Now What?

Typically, what is going to happen is the casino staff will be alerted that a major jackpot needs to be paid out They have systems to do this,

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Typically, what is going to happen is the casino staff will be alerted that a major jackpot needs to be paid out They have systems to do this,

what is a progressive slot machine If the win is $5,000 or less, the GSAs are able to cash it themselves They print out the W-2 form and get the money ready in cash or check form

slot or other gambling game pays you directly Thus, you get the full amount without problems and delays This applies to both bank

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When it comes to slot machines, winning an amount over $1,200 will trigger a tax form The payer, such as a casino, has to furnish the winner