Logout

Question of the Day - 16 September 2004

Q:
Correction of 8/29 Question of the Day
A:

In answer to a question about the necessity of presenting proof of your Social Security number when hitting a jackpot in a casino, we wrote that if a player fails to provide a number, the casino withholds the entire jackpot until an SSN is produced.

In fact, the casino doesn't withhold the entire jackpot. IRS instructions for Form W-2G provide that if the winner fails to produce his or her Social Security number, the casino must withhold 28% of the winnings. There is no justification for the casino to deny payment of the balance of the jackpot to the winner.

No part of this answer may be reproduced or utilized in any form or by any means, electronic or mechanical, without the written permission of the publisher.

Have a question that hasn't been answered? Email us with your suggestion.

Missed a Question of the Day?
OR
Have a Question?
Tomorrow's Question
Will there ever be sports books or betting kiosks in airports?

Comments

Log In to rate or comment.