WON $100K GAMBLING... BUT NEED SUGGESTIONS ON WHAT YOU WOULD DO ABOUT TAXES

[2.576]

keep gambling. think about how much you are up right now, you can afford to lose a little bit, just keep playing smart and you will keep winning. nobody normally wins that big, you must have found some sort of method, keep doing what you are doing and you will win a lot more.

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[500]

Try talking with some lawyers about the taxes and how to avoid them or what to pay for them.

Also try investing the money in crypto or something like that

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[61]

Congratulations on the win mate, should feel good.

But as a real addicted man to casino I can advice you only one...

** BUY something for yourself instantly, because eventually you will lose most of that amount back to casino, that's how the greediness works xD 
* Either BUY something, or just transfer the money to someone you trust really hard, idk, family or someone and let them keep the money for you, so you can't just sit home and in any moment be like, hmm... i can gamble a little bit. I mean, you can win more aswell, but lets be honest, that happens rarely af. I have lost around 7-8k euros within half year, and still have loans of 6k euro, trust me, gambling will lead to hole. I'm now working just to close my debts, loans etc. And next 1.5year I will keep working just to close all shit. So, enjoy your win and be careful, don't fk up!


Also, about taxes... I don't know how it works in your country, but in our, if you withdraw 2999eur each day, you don't pay taxes. Like total amount of what you withdrew within month doesn't counts, it counts only withdraw per transaction. So, take your time, read policy about casino taxes, government taxes.

[36]

keep gambling. think about how much you are up right now, you can afford to lose a little bit, just keep playing smart and you will keep winning. nobody normally wins that big, you must have found some sort of method, keep doing what you are doing and you will win a lot more.

I respectfully disagree. You'll end up losing everything if you keep playing. They will flag your account as a big winner and down the line you will loose everything. You'll end up getting a job at McDonald's/Walmart and spend your free time cracking netflix accounts to sell for $1 a pop for some extra change. After you withdraw all the money you need to contact the site and ask them if the money is tax free or what forms do THEY provide to the IRS. Either way the money is going to be in your bank account and you'll have to explain to the bank (who reports to the IRS each year) where the money came from. If it is crypto and you are depositing it into a hardware wallet then forget about it. Same rules (for the bank) goes to KYC exchanges like Binance/Crypto.com/Coinbase

[2.216]

keep gambling. think about how much you are up right now, you can afford to lose a little bit, just keep playing smart and you will keep winning. nobody normally wins that big, you must have found some sort of method, keep doing what you are doing and you will win a lot more.

I respectfully disagree. You'll end up losing everything if you keep playing. They will flag your account as a big winner and down the line you will loose everything. You'll end up getting a job at McDonald's/Walmart and spend your free time cracking netflix accounts to sell for $1 a pop for some extra change. After you withdraw all the money you need to contact the site and ask them if the money is tax free or what forms do THEY provide to the IRS. Either way the money is going to be in your bank account and you'll have to explain to the bank (who reports to the IRS each year) where the money came from. If it is crypto and you are depositing it into a hardware wallet then forget about it. Same rules (for the bank) goes to KYC exchanges like Binance/Crypto.com/Coinbase

I respectfully disagree. Gambling is a true lifestyle fit for the elite and the elite only. Andrew Tate, for example, is a well known example of a gambling guru gone rich. 99% of gamblers quit before they hit it big, this is a known fact, which is also statistically proven by Harvard University. If you start to lose everything, maybe a second mortgage on the home would be enough for the RTP to finally hit. Every gambling game is verified by the gaming board before it is released, making it impossible for a casino to rig it, meaning the RTP has to hit eventually. Say you are playing a high level volatility slot, and the max win is $10,000, lets say you play on it with $5,000 (this is your life savings), and you lose it all. Now you have to start selling things you own (watches, gold, crypto, etc) and keep betting. Eventually, around the $9,000 down you will finally hit the max win. The slot's logic is that you will continue to gamble and lose the max win you just won, so you want to be ahead of the game. Then you can buy everything you sold back for an easy few thousand dollar profit.

TL;DR: skill issue