gambling winnings
Bet payoff money
Gambling winnings are money or prizes won through games of chance—casino games, sports betting, lotteries, poker tournaments.
The phrase appears frequently in tax contexts, since most jurisdictions treat gambling winnings as taxable income: You have to report gambling winnings on your tax return.
The singular gambling winning is rare; winnings naturally takes the plural.
- slot machinesCoin-operated gambling devices
- pokerHearth implement for coals
- jackpotAccumulated gambling prize
- big winDecisive, important victory
- payoutMoney distributed to recipient
high roller · tax liability · lump sum · blackjack · lottery · addiction · stake · bankroll · roulette · euphoria · risk-taking · craps · beat the odds · taxable income · tax man · money laundering · windfall · easy money
- taxable incomecapital gain, capital gains, dividend, bonus, dividend income
- hidden incomeunreported income, undeclared, hidden income, off the books, under the table
- incomesalary, earnings, income, wages, pay
- passive incomedividends, interest, rental income, royalties, capital gains
gambling winningsgambling losses
Money lost betting
losses · house edge · deficit · debts · bad beats
gambling winningsearned income
Pay from work
wages · salary · paycheck · merit-based pay · investment returns
gambling, winnings, gamble, gambler, gamblers, gambles, gambled, winning, wins