Gambling Winnings and Losses
When Gambling, you are always losing money and there’s no way you can consider the winning jackpot is actually putting you ahead of the casino. You realize you have to consider the amount of money you lost to offset any gains. Don’t think that you’re actually coming out ahead because if it was the case, then how do you think the Casinos are actually keeping the lights on? You are losing money all the time!!!! You know it! You’ll never come out ahead… but you can certainly enjoy the time while you played and consider the losses as a cost for the entertainment… – so go ahead and make a note of those losses to help offset any of those random jackpots you made.