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Posted on 04/03/06

Think your gambling winnings are tax-free? Don't bet on it

I'm not much of a gambler. Never have been. But I do recall the time a friend of mine and I went to a casino with 20 bucks each. We agreed that we'd leave if we lost that money. After about 25 minutes at the slot machines, I was out of cash. Not knowing where my friend had gone, I waited for him on a bench by the entrance.

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