tonyfsu21 850 Posted November 12, 2019 Report Share Posted November 12, 2019 Let me preface my question with the fact that I am a tax paying American citizen. Question- If the ship is presumably in international waters when the casino is open and the ship is not registered in the United States then why do I have to pay tax on my casino winnings over $1199.99? I understand the fact that most cruises are closed loop so I end up back in the US eventually but why is a W2-G thrown at me while I’m at sea? I recently won some money and left my wallet w/ license in my stateroom. I had to go retrieve my license late night for this W2-G and in doing so I woke up my little kids. Wife not happy. Quote Link to post Share on other sites
darketower 76 Posted November 12, 2019 Report Share Posted November 12, 2019 US Citizens are taxed on all income wherever it is earned. Obviously there’s more to the tax code than just that, but it’s the starting point. brian_md and ChessE4 2 Quote Link to post Share on other sites
AGSLC5 739 Posted November 12, 2019 Report Share Posted November 12, 2019 50 minutes ago, tonyfsu21 said: Let me preface my question with the fact that I am a tax paying American citizen. Question- If the ship is presumably in international waters when the casino is open and the ship is not registered in the United States then why do I have to pay tax on my casino winnings over $1199.99? I understand the fact that most cruises are closed loop so I end up back in the US eventually but why is a W2-G thrown at me while I’m at sea? I recently won some money and left my wallet w/ license in my stateroom. I had to go retrieve my license late night for this W2-G and in doing so I woke up my little kids. Wife not happy. Was this a slot winning? Every time I win money on Blackjack I Never have to fill out a tax form.. The only time I did was for a slot win.. Quote Link to post Share on other sites
tonyfsu21 850 Posted November 12, 2019 Author Report Share Posted November 12, 2019 1 minute ago, AGSLC5 said: Was this a slot winning? Every time I win money on Blackjack I Never have to fill out a tax form.. The only time I did was for a slot win.. Yes, sorry I should have been clear on that. This was a win on a slot machine Quote Link to post Share on other sites
Ogilthorpe 902 Posted November 12, 2019 Report Share Posted November 12, 2019 I believe it has to do with the payout odds on the bet. Generally, slot jackpots are frequently over 1000-1. I have seen the same W2-g action on progressive payout hits on tables that exceed those odds. It may be lower, as low as 600-1 Quote Link to post Share on other sites
monctonguy 1,531 Posted November 13, 2019 Report Share Posted November 13, 2019 Wife should have been happy..you woke them up cause you won $!!!!.... tonyfsu21 and TJ! 1 1 Quote Link to post Share on other sites
TJ! 170 Posted November 13, 2019 Report Share Posted November 13, 2019 wait you guys are winning?! That was an option!? KristiZ and monctonguy 2 Quote Link to post Share on other sites
AGSLC5 739 Posted November 13, 2019 Report Share Posted November 13, 2019 13 minutes ago, TJ! said: wait you guys are winning?! That was an option!? Mathematically you do have to win sometimes.. lol. monctonguy and TJ! 2 Quote Link to post Share on other sites
TJ! 170 Posted November 13, 2019 Report Share Posted November 13, 2019 1 minute ago, AGSLC5 said: Mathematically you do have to win sometimes.. lol. too bad casinos defies math, science, logic, and perhaps physics. Quote Link to post Share on other sites
AGSLC5 739 Posted November 13, 2019 Report Share Posted November 13, 2019 1 hour ago, TJ! said: too bad casinos defies math, science, logic, and perhaps physics. This is true lol.. But in all seriousness I really do win sometimes.. I play blackjack which is part strategy and part luck... When both are on my side I have come out a winner and walked a way with a few thousand.. TJ! 1 Quote Link to post Share on other sites
tonyfsu21 850 Posted November 13, 2019 Author Report Share Posted November 13, 2019 10 hours ago, monctonguy said: Wife should have been happy..you woke them up cause you won $!!!!.... Trust me that no amount of money won in that casino would compensate for my two kids being up all night crying. Needless to say, I bring my wallet with me now! Quote Link to post Share on other sites
Cez 72 Posted November 14, 2019 Report Share Posted November 14, 2019 19 hours ago, AGSLC5 said: I play blackjack which is part strategy and part luck... So you are the one splitting 10's when dealer shows 6 !! Quote Link to post Share on other sites
AGSLC5 739 Posted November 14, 2019 Report Share Posted November 14, 2019 1 hour ago, Cez said: So you are the one splitting 10's when dealer shows 6 !! NO!!! I NEVER do that. That Drives me CRAZY when anyone splits 10's.. I get up and leave the table when someone does that!! 20 hours ago, YoungEmptyNesters said: Cez 1 Quote Link to post Share on other sites
Rob&Ana 78 Posted November 14, 2019 Report Share Posted November 14, 2019 I think this is one of the few times that being Canadian is an advantage....no tax on Casino Winnings.... Now all I have to do is win.... Cez 1 Quote Link to post Share on other sites
tonyfsu21 850 Posted November 15, 2019 Author Report Share Posted November 15, 2019 I think I’m ahead money wise with casino Royale but not by much. The perks of the club were decent at one time but I’m not impressed at all with the current program. The cruise certificates are useless because there are way too many stipulations for applying them. IMHO NCL and even the lowest tier budget line Carnival have better player programs for people that spend significantly in the casinos. RC needs to toss the “new” program and start over with something that’s more refined. Quote Link to post Share on other sites
WAAAYTOOO 10,801 Posted November 15, 2019 Report Share Posted November 15, 2019 I so agree with you, Tony. The new casino program, the first year they started it, was good. They have gotten significantly stingier every year, since. tonyfsu21 and AGSLC5 2 Quote Link to post Share on other sites
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.