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Collecting taxes paid for a casino win in Florida US?

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Collecting taxes paid for a casino win in Florida US?

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  1. The casino itself should remove the tax from your payout, if it's large enough to qualify.

    If the winnings are more than:

    - $600 at a horse track

    - $1200 at bingo or a slot machine

    - $1500 at keno

    - $5000 at poker

    Then the payer should report the SS number of the winner, and deduct 25% from the payout. They should also give you a Form W-2G, showing the total winnings and the amount deducted up front.

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