Although states make their own decisions regarding additional taxes, federal regulations still require taxes to be paid on casino winnings. For instance, if there is a requirement of 30x on a $100 bonus, you will need to place bets amounting to $3,000 before you can cash out any winnings associated with that bonus. The total amount you must wager prior to being able to withdraw bonus winnings is referred to as a wagering requirement. (more…)