How Are Gambling Winnings Taxed?

Most people don't think about taxes on their way to the casino. But what might seem like nothing more than a fun night in Las Vegas actually carries significant tax consequences if you win. Failure to properly report your haul can result in serious penalties and headaches you just don't want.

source http://blog.turbotax.intuit.com/income-and-investments/how-are-gambling-winnings-taxed-8891/