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The federal government taxes gambling income at 25%, even though the state of Illinois will dig into your pocket for an extra 15% on winnings more than $600. Keep in mind, you can offset tax liability by deducting gambling losses from your income. In 2021, Illinois sportsbooks raked in a $7.02 billion deal with on all sports bets wagered. With https://toto79.org in the rearview mirror, the state’s handle soared to…Read More