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Message: [QUOTE="tpb221, post: 1229929, member: 37599"] [B]WRONG WRONG WRONG!!!!![/B] If you are a US citizen you have to report ALL winnings. Yes-even $1.00. It does not matter if you withdraw or not. As long as you won it and have access to it you must report it in the year won. DURRRRACELL- First-any transaction of $10000- banks,casino ect must report it to the IRS but if you intentionally try to avoid it by taking 5000 then doing another 5000 that itself is against the law. This is why you should take just one big withdrawal and report it once. Even if you do report it on your tax form you can still get yourself in trouble by doing it in 5000 intervals. Second-the IRS and banks do audit deposits and withdrawals under 10000. Do not kid yourself that they don't. OP-get a tax pro to do your taxes next year and report it or your asking for trouble if they ever aduit you. [/QUOTE]