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.
“Teen Sports Betting: A Growing Concern in Schools” | The Boston Globe
By Yvonne Abraham Nearly 400 underage users in two states were caught in the past year on sports gambling websites,