As per the Terms and Conditions of the site, Mohegan Sun Casino NJ will withhold money towards federal and state taxes as outlined below.
For Federal Tax withholding:
- Gambling winnings for table games - We are required to withhold 24% of the net win as tax, if the transaction satisfies the following 2 criteria
- Gambling winnings less wagers are more than $5000
- Gambling winnings is 300x of the wagered amount
- Gambling winnings for slot game - None :)
For State Tax
- 3% state taxes, for both residents and non-residents, if there is a withholding for Federal Tax