How does this work?
Do they just count your winnings and the go from there?
Is it your net profit than tax it?
Just trying to get a general idea how much one would pay for each 10k won and is it taxed on 10k won or 10k profit won, as I have heard it both ways?
Does someone have any idea how this is figured out?
Do they just count your winnings and the go from there?
Is it your net profit than tax it?
Just trying to get a general idea how much one would pay for each 10k won and is it taxed on 10k won or 10k profit won, as I have heard it both ways?
Does someone have any idea how this is figured out?