Questions about taxation in Poker.

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8
votes
2answers
466 views

In Wsop, paying taxes depend on what?

When I'm looking for WSOP 2012 results payout structure, why some players paid taxes and some of them doesn't? Is their goverment getting this money from them? Is it about being illegal in their ...
4
votes
2answers
91 views

Does the buy-in for a tourney affect the taxes of your winning?

Let's say you are playing in the WSOP Main Event, and the bubble bursts and you're one of the first people to be knocked out. You go collect your prize of $19,106, how are taxes factored into this? ...