This article, from The Wall Street Journal‘s “Market Watch”, shows how gambling winnings can cost seniors dearly when tax day comes. Even if they are balanced out by losses of the same amount, certain tax rates can skyrocket, leaving seniors to pay extra. Using a real example, the author shows just how much gambling can cost.
“DraftKings, sportsbooks target statehouse races as Mass. and others propose stricter betting rules” | WBUR
By Patrick Madden DraftKings, sportsbooks target statehouse races as Mass. and others propose stricter betting rules _ WBUR News