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Are Poker Winnings Taxable

geoid · 2006-01-04 12:21:17

Anyone know if winnings from tournment or online play from poker are taxable ?

04-01-2006 12:21pm

#1

geoid

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Join Date: July 2002

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Anyone know if winnings from tournment or online play from poker are taxable ?

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Comments

#2 04-01-2006 12:23pm

Norwich Fan Rob

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not taxable

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#3 04-01-2006 12:24pm

Samson

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No.
Poker winnings are in the same class as winnings from gambling on horse racing and the Lotto. It is classed as a "game of chance".

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#4 04-01-2006 1:06pm

staringelf

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Hooray!

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