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The reason for this is that your tax rate depends on your income. The more you earn, the higher each additional dollar is taxed, and your tax jackpot stacks atop the rest of your income. Let’s say you have 15 percent taken out of your handpay. At the end of the year, let’s say your income would require that handpay to be taxed at 10 percent ...

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On the contrary, if they’re slow, not friendly, and rude, you don’t have to tip. Most locals in Vegas will tip $100 if they hit for $4000. A $2000 jackpot will usually see a tip of at least $40. There's also an unspoken tipping rule in Vegas between bartenders and people who work in the gaming bar industry.

Citing inflation, the Congressional Gaming Caucus filed a bill in Washington Thursday to raise the threshold when gamblers are required to report their slot machine jackpot wins to the Internal Revenue Service. The bipartisan bill would raise the $1,200 trigger for reporting winnings to $5,000 instead. Titus said the current threshold was set ...

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