if both is illegal in south carolina and i play and win would i still be able to get my money? been trying to google and read but wanted to know if anyone knows how getting paid works. just for instance if you where to win a tourney and win a couple thousand if you request a check or instant deposit would irs found out?
pokerstars/full tilt question
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noles79SBR Wise Guy
- 10-05-10
- 804
#1pokerstars/full tilt questionTags: None -
sq764SBR MVP
- 04-17-07
- 1026
#2Its illegal in all US to play online poker.. And no, they dont report it to the IRS..Comment -
noles79SBR Wise Guy
- 10-05-10
- 804
#3oh ok. but you would still get your money??Comment -
El SolSBR Wise Guy
- 05-17-08
- 876
#4
Therefore, Its State by State. Its legal here in California to play, a felony in the State of Washington but Illegal for banks in both states to do business with online gaming.
I'm a 10 year online poker veteran and all my payout checks have never mentioned anything to do with gaming and thus I've always been safe from scrutiny.
You should be alrightComment -
noles79SBR Wise Guy
- 10-05-10
- 804
#5thats good if you won big how much at a time would you pull out? yeah been reading alot and seems good to go and play wooo!!Comment -
bigdog3580SBR MVP
- 08-22-07
- 3675
#6Yea I agree with the above posters, you should be alright.Comment -
El SolSBR Wise Guy
- 05-17-08
- 876
#7Well, something to remember as well is Federal law requires ALL banks to report deposits over $9999 to the IRS or any deposit they deem suspicious. Keep it under $10,000 and never mention to the teller its gambling winningsComment -
kaschmunnieSBR Rookie
- 01-20-11
- 35
#8you will be fine i'm sureComment -
sq764SBR MVP
- 04-17-07
- 1026
#9you;re really worried about state law with poker>?Comment -
loydSBR Sharp
- 02-16-10
- 376
#10you should rather be worried about bad beats than state law.Comment -
deep554Restricted User
- 10-02-10
- 17
#11dont worry mate. they have more important things to doComment -
hunterwrotSBR Sharp
- 02-15-10
- 373
#12no worries your good manComment -
noles79SBR Wise Guy
- 10-05-10
- 804
#13my friend actually be telling me about it saying stuff. i just play anyway but i mainly just wondering about if you hit big how much to take at a time. thanks for everyones input lets play poker.Comment -
sq764SBR MVP
- 04-17-07
- 1026
#14taking less than 10 k is always safe.. no matter what ur playingComment
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