Gambling away all my money

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Topic Number 419 - Gambling Income and Losses. The following rules apply to casual gamblers who aren't in the trade or business of gambling. Gambling winnings are fully taxable and you must report the income on your tax return. Gambling income includes but isn't limited to winnings from lotteries, raffles, horse races, and casinos.

My family is not rich has some sort of a problem paying for my college fees! Therefore I had resorted to gambling away the money I've made from working part-time which is only meant for my daily allowance and college fees, just hoping to make some good money to ease the financial burden of paying my school fees! I'm in trouble right now as I had lost all my money which amounted to about ... Gambled all my money away ..have nothing left ... Gambled all my money away ..have nothing left :-( I'm 28 and for months now I have been going to the casino opposite my house . I suffer with anxiety and struggle to go out alone ..so every Tuesday me and my friend go to the casino for tea and play on the slots. Welp, gambled all my money away. Probably caused ...

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Why gamblers get high even when they lose. ... “It was just a way for me to get money to feed a gambling addiction,” he told the ... “Though you should probably walk away at that point.” ...

Gambling, that’s what. The man told authorities he needed money “because he’s on a fixed income and had gambled his money away on horses and Texas Hold ‘em,” says an Associated Press report.

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This guide explains 11 ways to avoid losing all your money on your next gambling trip. The house has the edge, but you don’t have to go broke from gambling. There is no perfect way for you to prevent yourself from going broke through gambling, except to not gamble at all. I Nearly Snorted and Gambled My Life Away — And I'll Never ...