[MoneySpeaks]

Hey guys, up until recently, i've always had a local bookie to place my bets. my bookie moved a while back so i had to go the online route. i've hit a bit of good luck in the last month and i would like to cash out my winnings. i've got a 12K balance right now and i want to withdraw all of it. what should i do? should i do a wire transfer and fill out a CTR or should i do small increments and avoid a CTR? how is the gov't going to figure in all this? what's their take? taxes? please help.

[Cuse0323]

We don't like winners here, keep betting until you lose it all.

[Shack]

Just make sure you keep all your receipts from ** or however you send to the books to offset the winnings to a degree. I would probably take it in increments unless you were going to take a lot more out later.