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gamble at the casinos. Mr. Gagliardi used the documented cash
withdrawals at the casinos for slot machine play and lost the
cash gambling at the casinos except for the amounts spent on a
few meals he purchased there.
Mr. Gagliardi won jackpots ($1,200 or more) that were
reported on the Forms W-2G.10 When Mr. Gagliardi won a jackpot,
the slot machine he was playing would “lock up” (the slot machine
could not be wagered on) while a casino cashier would come to the
machine, get a ticket out of the machine, get a Form W-2G, get
Mr. Gagliardi’s signature, and give Mr. Gagliardi the jackpot in
cash. The time from when the slot machine locked up until Mr.
Gagliardi could wager on that machine again could be anywhere
from 5 minutes to an hour. When a slot machine locked up because
he won a jackpot, Mr. Gagliardi often would go to an ATM to
withdraw cash so that he could gamble on a different slot machine
until the casino cashier delivered the jackpot money. The
casinos paid Mr. Gagliardi any jackpot winnings of $1,200 or more
in cash. Often, Mr. Gagliardi lost $1,200 or more on a different
slot machine by the time the Form W-2G was prepared and he
received the jackpot money. Mr. Gagliardi did not enjoy winning
jackpots because the machine locked up and he had to spend time
10 Mr. Gagliardi also won amounts of less than $1,200, the
amount that triggers the requirement for the casino to issue a
Form W-2G.
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Last modified: March 27, 2008