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Sofia is a casino and iGaming writer at Gaming America, bringing over 10 years of experience in the iGaming industry to her work. While every state decides on whether it has additional taxes or not, on a federal level, you still have to pay taxes on casino winnings. For example, a 30x requirement on a $100 bonus means you must place $3,000 in bets before cashing out any winnings tied to that bonus. A wagering requirement is the total amount you must bet before bonus winnings can be withdrawn. Monitor your habits regularly to ensure gambling stays enjoyable and doesn’t affect your work, relationships, or wellbeing.
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