Are you betting on March Madness? Here's what to know about taxes if you win — or lose

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Most of the March Madness winnings probably won't be declared for tax purposes, though it should be.

Check out this story on USATODAY.com: https://www.usatoday.com/story/money/2019/03/24/march-madness-betting-how-deduct-gambling-loses-taxes/3261139002/.

Check out this story on USATODAY.com: https://www.usatoday.com/story/money/2019/03/24/march-madness-betting-how-deduct-gambling-loses-taxes/3261139002/
 

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Of course cause the Gov wants every penny they can get from hard working Americans

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