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New With Questions

Discussion in 'Ask the Meister' started by BuffaloBill, Aug 15, 2004.

    Aug 15, 2004
  1. BuffaloBill

    BuffaloBill Dormant account

    I am wondering if using an offshore sportsbook from the U.S. is legal. Does it depend on what state you live in? Also, am I required to pay taxes on winnings? If I am required to pay taxes, are there any ways around it? Giving 30% of my winnings to the IRS does not sound appealing. Is Neteller the best way to go as far as sending and receiving money from sportsbooks? Thanks for the help guys, I appreciate it.

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