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I’ve been playing poker online for 5 years now and want to stop. What else can I do with my time?

December 22, 2009 · Filed Under Gambling · 8 Comments 
Scorpio asked:


I just lost in two weeks what I spent the past twelve months making in online poker (texas hold em). I have finally come to the realization that this game is ridiculous and I’m just wasting my time. What else can I do with all the new free time I will have going forward?

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do you have to report online poker earnings to the IRS?

January 5, 2009 · Filed Under Personal Finance · 6 Comments 
Jessica G asked:


Do you have to report your earnings from playing poker online to the IRS on your taxes?

If so, is there a designated amount that doesn’t need to be reported - and everything above that does?

If it matters by state - I am curious about California.

Also, the way the monies are received from the poker site are via check.

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