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This means that if you win at the slots a single day and drop the next day, you have to report the winnings on your tax return as income and then deduct the losses separately as an itemized deduction. In August of 2018, West Virginia became the fifth state to legalize sports gambling. The state offers both in-person and on the net sports wagering. There have been two key propositions on the November 2022 ballot that could have legalized sports betting in California, a single to legalize in-person sports betting and the other to legalize on the internet sports betting.
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