Lost all my gambling winnings

It was too much money to "lose". That's when my real problem came calling to make up the lost difference - blackjack. Not only did I give back my winnings, ...

today I lost everything. Hello, I'm Adam. I've just signed up to this site after advice from Katie on the live chat. I've been gambling since I was probably 13/14. Slot machines are my thing. I would go to the arcade at dinner time when I went to school, or into town on the weekends to spend all my pocket money. My gambling losses exceed my winnings (by a lot ... My gambling losses exceed my winnings (by a lot unfortunately). Will I still need to pay taxes on the winnings? When I entered the W2-G info into last year's return I couldn't see where the loss statement was, only the winnings entered as extra income. I thought if you lost more than you won it would cancel each other out. Am I wrong on this? Tax Deduction for Gambling or Wagering Losses - Lawyers.com

What's the best thing to do immediately after losing a ton

My Five Favorite Ways to Spend Gambling Winnings I am essentially planning on losing, which makes winning even more fun. When I do win, I love to find exciting ways to spend my gambling winnings.My gambling payouts help me to justify buying some things that I don’t need because it is money I wasn’t planning on having. Here are some of my...

How much have you lost gambling? | GamCare

Topic No. 419 Gambling Income and Losses | Internal ...

Gambler Tax | View Tips From The Experts | Tax Samaritan

"I turned £2,000 into £82,000 – then blew the lot in 10 ... The Guardian - Back to home. ... All this makes gambling seem a dark and destructive business, and, of course, it can be. But that's pretty obviously not the whole story. ... its winnings, in ...