Gambling winnings tax

Pennsylvania Gaming Control Board (PGCB) revealed the figures for the most recent fiscal year, which show a drop in revenue for casinos across the state.

In the United States, winners are required to pay taxes on sweepstakes prizes from real money casinos, which are treated as income for tax purposes. That means you'll be required to add the fair market value of your prize to your earnings from jobs and other sources when you report your income to the IRS.