Taxes on gaming wins are 25% so in NV if you won $1 million your after taxes win would be $750k - you don't have the casino withhold it because you would want to place that $250k in a high yield account until you file your taxes. That $250k over six - eight months would several thousand dollars 😊 You could both max out deposits on your Roth and traditional IRA each out the winnings to decrease your tax obligation. Plus the gaming losses for the year would be accounted for in your year end statements from the casinos you play at. In short, pay a wealth management CPA to sort out the best scenario for you.😊
Wouldn't one million dollars move you into the highest tax bracket which is way above 25 percent. I think that is just the number Nevada holds. 24 percent. You would be responisble for the remainder when you file.
If your gross prize for lump sum payout is $1,000,000, you need to pay $334,072 in total tax ($240,000 federal withholding, plus the remaining $94,072 for single filing status in 2021. It would be slightly different now.
What is your advise for someone who has never played slots before? I’m going in August for my birthday and don’t know how to pick machines or what the denominations and bets mean.
Hey there to the Rubys! Hope you’re having a great time on your slots. Wild Ninja looks fun do not think I have got to playing that one. Someone is always on it haha. Enjoy watching good luck🍀👍
Ruby you want to know if the give you the money right away if you win the million. The give you portion and the will tell you to come back for rest. The IRS take 35% of your winnings. The casino gives you the money. My friend win the millions and that’s what the did.
Boa noite Ruby! Que tudo dê certo em sua vida! Que Deus te abençoe! Fica com Deus! Que tudo dê certo no seu Dia a Dia! Que você receba muitas bênçãos do Universo!!!
casinos came back for a vengeance in 2024. Everyone that was winning in past years are down BAD this year. I think yall should lay low for the rest of the year. Seriously.
You guys should’ve walked away when you were ahead never get back to the house. Gambling is a terrible addiction. You have to know when to walk away sometimes.
As a matter of interest from the UK, why do you have to pay tax on winnings over $1200, haven't you all ready payed tax on the money you are gambling with, were does the tax money go. i dont really pay slots but did have a little go when in vegas last year and amazingly won just over $800, if i had won over $1200 would i had to pay tax
casinos came back for a vengeance in 2024. Everyone that was winning in past years are down BAD this year. I think yall should lay low for the rest of the year. Seriously.
I went into the casino last night and did the “Ruby Method” I put $100 into 6 slots and walked out VERY VERY ahead! Thx 🎉
Taxes on gaming wins are 25% so in NV if you won $1 million your after taxes win would be $750k - you don't have the casino withhold it because you would want to place that $250k in a high yield account until you file your taxes. That $250k over six - eight months would several thousand dollars 😊 You could both max out deposits on your Roth and traditional IRA each out the winnings to decrease your tax obligation. Plus the gaming losses for the year would be accounted for in your year end statements from the casinos you play at. In short, pay a wealth management CPA to sort out the best scenario for you.😊
Wouldn't one million dollars move you into the highest tax bracket which is way above 25 percent. I think that is just the number Nevada holds. 24 percent. You would be responisble for the remainder when you file.
Loved the star wars clip. So unexpected and funny. We had to rewatch a couple of times. Ty
If your gross prize for lump sum payout is $1,000,000, you need to pay $334,072 in total tax ($240,000 federal withholding, plus the remaining $94,072 for single filing status in 2021. It would be slightly different now.
Love my midwestern Rubies. You always make me laugh.
Love the small inserted clips!❤
Depends on the state: gaming tax, windfall profits tax, ect. In Tennessee we have only state and federal taxes, but we don’t have casinos
Love the small clips you added on this video. Lol
I finally came to my senses and quit gambling. Im done throwing my money in trash can
Good evening Mr & Mrs Ruby love your slot channel! You two are so adorable! Good luck always!
Buy a house, pay offyour mortgage if there is any , help your relatives whi are in need take vacation . And so on.
What is your advise for someone who has never played slots before? I’m going in August for my birthday and don’t know how to pick machines or what the denominations and bets mean.
Please play Huff and puff even more, I love it when you play that game. You guys are great to watch.
You should do more old crusty slots!! But max bet 🎉🎉🎉🎉🎉🎉
Would have kept the $200.😖😱
Ruby do you make the plays on your videos?
30% minimum. Depending on your total annual income.
Hey there to the Rubys! Hope you’re having a great time on your slots. Wild Ninja looks fun do not think I have got to playing that one. Someone is always on it haha. Enjoy watching good luck🍀👍
As Kenny Rogers sang. You need to know when to walk away.
Good Afternoon Ruby’s . Good Luck Today And Get Those Jackpots Done . 🙏😇🤗❤️🎰💵🌟🍾
Alas, a typical day at the casino…
If they steam them in advance they'll be mushy when you get them
Loved the star wars bite size clip
Is it raining there
I like steamed broccoli when I have asian type food.
Very uncommonly I like the really scoville hot green peppers with beef and rice.
38% but you can write off your yearly losses according to your players card reports .. consider that
Ruby you want to know if the give you the money right away if you win the million. The give you portion and the will tell you to come back for rest. The IRS take 35% of your winnings. The casino gives you the money. My friend win the millions and that’s what the did.
Lol who told you the casino does not pay the 1 million? The casino pays you right away just like other hand pays
Enjoyed watching the game.
Remember, the difference between $1.00 and 1,000,000.00 is the number of zeros. Believe and ye shall receive.
Great video as all of your videos are
Do. You guys work for a living besides gambling.
TH-cam is their job and she has two channels and does very well.
It’s sad the machines are so tight😢
I am sure a million doll hairs would be achievable
How much money did you lose on this one???
Here of late it seems like every time I trigger a bonus. I’m getting a ton of dead spins within the bonus. Is anybody else encountering this?
Love your content 🎉
Boa noite Ruby! Que tudo dê certo em sua vida! Que Deus te abençoe! Fica com Deus! Que tudo dê certo no seu Dia a Dia! Que você receba muitas bênçãos do Universo!!!
🎉 you can do it you can do it you can do it
Loved the video 😘👍🏻💕💕
Tax is about 33 percent
casinos came back for a vengeance in 2024. Everyone that was winning in past years are down BAD this year. I think yall should lay low for the rest of the year. Seriously.
😞🙈 better luck tomorrow!
Oh my God 😮 you pay tax on your winnings??? WTF WHY???
In Australia we don't, and we don't tip at all its not required
40 %
You guys should’ve walked away when you were ahead never get back to the house. Gambling is a terrible addiction. You have to know when to walk away sometimes.
Hey Jared
my husband always says the tax 50% on winnings lol it’s a man thing
State and federal taxes are to be paid here in CA so he isn't that far off.
@@JoJo-gr1rp true lol
You’d get taxed twice once off the top then on your yearly income
Lol
As a matter of interest from the UK, why do you have to pay tax on winnings over $1200, haven't you all ready payed tax on the money you are gambling with, were does the tax money go. i dont really pay slots but did have a little go when in vegas last year and amazingly won just over $800, if i had won over $1200 would i had to pay tax
Because gambling winnings are considered income and you’re taxed on your income in the US
Wrecked
Watchyouallthetime
Buy a new car that work with a/c
casinos came back for a vengeance in 2024. Everyone that was winning in past years are down BAD this year. I think yall should lay low for the rest of the year. Seriously.