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on May 12, 2024
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If your winnings are reported on a Type W-2G, federal taxes are withheld at a flat rate of 24%. If you didn’t give the payer your tax ID number, the withholding rate is also 24%. Arizona also has 25 casinos sprinkled across the state, and some inside metro Phoenix. However, residents will have to adhere to specific rules and regulations to engage in legal gambling. Gaming advocates have long viewed Home Speaker Dade Phelan as the state leader most amenable to expanding gambling.
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