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re: Do casinos give you a choice of cash or check if you win big?

Posted on 7/30/26 at 8:23 pm to
Posted by Cosmo
glassman's guest house
Member since Oct 2003
132426 posts
Posted on 7/30/26 at 8:23 pm to
quote:

deposit $9,999.00 or less. The bank won’t have a reason to flag


Id just keep it in my safe
Posted by Spankum
The Sip
Member since Jan 2007
63032 posts
Posted on 7/30/26 at 8:23 pm to
quote:

Let’s say you win $10K. Do they give you an option of how they will pay you


Per one of my farm hands, they’ll even give you poker chips, if you prefer!
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
151332 posts
Posted on 7/30/26 at 8:27 pm to
quote:

when you go deposit your winnings
what kinda bozo goes put cash into the bank?
Posted by Everyday Is Saturday
Member since Dec 2025
2529 posts
Posted on 7/30/26 at 8:29 pm to
quote:

$9,999.00 or less. The bank won’t have a reason to flag


Funny! $9,999 sure won’t raise a flag! Hehehe.
Posted by Lawyered
The Sip
Member since Oct 2016
38673 posts
Posted on 7/30/26 at 8:36 pm to
My dad has won several large jackpots over the years

He won a $67,000 jackpot on Christmas Eve several years ago ( he took a big check and then also a 10,000 band of cash just because he could )

He won a $100,000 jackpot a long time ago . We always laugh at his picture of the big check because he has no expression, it’s like you gave him a $5 bill or something

And countless 4000 or 8000 jackpots. In the early 2000’s he once had a year of almost $500,000 in jackpot 1099 forms alone

Edit: his luck completely skipped me .. I’ve never hit a slot jackpot in my life. Not one damn time

He also used to play alongside John Daly in tunica , the $500 machine is what Daly would play.. while the $100 machine my dad would play was located next to the $500 machine
This post was edited on 7/30/26 at 8:41 pm
Posted by Recognizable Poster
Geaux Tigers
Member since Mar 2026
1111 posts
Posted on 7/30/26 at 8:43 pm to
quote:

what kinda bozo goes put cash into the bank?
lmao aren't you that dude who got arse raped in prison and was a junkie?
Posted by Winston Cup
Dallas Cowboys Fan
Member since May 2016
66974 posts
Posted on 7/30/26 at 8:46 pm to
quote:

Do they give you an option of how they will pay you?

Depends on what game you play slots ya pay out big boy

I think it has to be 300/1 or greater to be taxable
Posted by deltaland
Member since Mar 2011
103631 posts
Posted on 7/30/26 at 8:48 pm to
quote:

10k they are filing all the paperwork there on hand before you even sniff the money.


How do they keep up with how much you buy in for? What if you spend 40k on slots and hit for 10k? You still net loss of 30k
Posted by Winston Cup
Dallas Cowboys Fan
Member since May 2016
66974 posts
Posted on 7/30/26 at 8:54 pm to
You are supposed to “report” gambling winnings when it’s tax time but good luck tracking that

They only make you sign the irs form when a single wager of some sort hits that is worse odds than 300/1

I have one on my fridge right now from a horse track. Screw them. I won that bet fair and square 8 beers deep
This post was edited on 7/30/26 at 8:55 pm
Posted by doubleb
Baton Rouge
Member since Aug 2006
42970 posts
Posted on 7/30/26 at 8:58 pm to
I participated in a bad beat jackpot at a casino poker room. We all were paid in cash. The guy that “lost” with four sevens got over 100,000 dollars.

I don’t remember any taxes being withheld.
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