I HAD A FIRST !!!!!!

[ozshabs]

you looked younger than 21 and casino wanted to make sure your actual age....

[xman1970]

Cash Transfer Record.  This is reported to the IRS. 

By the way, In Canada, they require a CTR at only 3k.


-Herb                                                                                                    /.\

thx Herb 

Any idea what would happen IF a Brit won over 3K in the USA ?

Would he / she got processed any differently ?


Again, thanking you in advance.....

[Herb]

Xman,

They would still ask for your ID.  If you cashed out more than 10k in a day, then they would still be required to record your ID.  However, you don't have to pay taxes on those winnings in the US, since you are form another country. 

-Herb                                                                                                                                                                      /.\

[xman1970]

Cheers Herb 

Livin n learnin......

[Jigga]

What system were you using to make 3k??

[Mr J]

@Herb and all >>> Nope. Hint.....its kind of a good thing they took the info REGARDLESS if I "had to" give it or not. I will have NO PROBLEM filling out the info again if it comes up. Maybe they only do this here in the U.S., I dont know? It has nothing to do with monitoring "winnings" etc. I was standing next to the lady when she filled it out. No ID numbers were taken and the heading on the top of the page is for....something in case it arises.  Ken

[Boo_Ray]

Here is very usual, when someone is playing with big money that they will offer you a VIP status which includes all the drinks food and stuff.. But that is just to make you lose more money..  On the cashout window there are rules for high payouts... If you win (with casinos bingo and stuff) more than 5k you will have to pay tax, but that doesn't counts for your "gambling profits".. I just know that if you win over 30k, casino is allowed to pay you only 30k a month if they dont want to pay you instantly.. That also raises the question why wouldnt you just bring 29k to cashier and cashout another 29k another day and so on Here cashable tickets (for automated roulettes) are walid for 30 days.. Well proobably if you bring 29k they will want your ID, so it is reasnoable that every profit over 1k is recorded so they can stick to only 30k a month for 1 person..

What I have written is not necesery to be true, that is just my thinking  And ofcourse casino where you were playing proobably has diferent rules for cashout and stuff

[Shorty]

So they can write you a check so you don't have to carry a bunch of money around with you.

[Marven]

Just in case you get mugged in the casino's parking lot when leaving.

[Just_Gabe]

I'm more intrigued to know what method did you use to make such a huge winning

[Mr J]

All nope. I'll explain in a bit, time for a lunch break.  Ken

[Mr J]

Not a big deal but the answer is..... I had 24 hours (if I kept the money in the car) in case I got pulled over and searched. It was around 4K cash. If the cop (this would piss me off) asked or got curious where it came from, he was suppose to have his supervisor contact the casino here. They would then verify "its me" and I got it at the casino and not anything illegal. Odd but I suppose. It would be handy if the cop knew I was not a drug dealer. lol  Ken

[rss]

are cops that curious over there?!

[Spike]

Always always ALWAYS assume that whatever a casino requires from you is NEVER for your benefit, its for theirs. They want a record of where the money went, its that simple. Don't be an idiot next time, never cash out for more than $500. Go have a drink and cash out some more and take the rest home and use them to play with next time or cash them in. Never let the casino see how much you win. On the roulette machine I always get the ticket out if it goes over 400 and put more cash in and I use different machines for the tickets. Its impossible to be too careful, some casinos have IRS spies and you never know who they are.

[roules]

In Australia it's $10k and above where you have to fill out forms and it's just for proving where the money came so relevant authorities know the money didn't come from illegal goings-on.

[roules]

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