Archive for June, 2009

How do you play online poker in America?

Monday, June 29th, 2009
Mephistopheles asked:


Every online poker site that I try to sign up with says that I am not allowed to sign up from my current location. Why is this and is there a way to get around it?

What are the tax implications of winning online poker?

Monday, June 8th, 2009
DBADiver asked:


If I were to win say, $100,000 playing online poker, I know the government wants to tax me on that. What happens if I don’t withdraw the money from my account? Do I pay taxes on it? What if I withraw just a little bit at a time over several years, do I have to report it?
I am in the U.S (Virginia), by the way.