[vpFREE] Re: Loss of ticket in machine

--- In vpFREE@yahoogroups.com, "dipy911" <dwoods49090@...> wrote:
>
> What would one categorize the loss of say a $575 ticket in a machine
> at a casino due to a momentary lapse of judgement? Is it a gambling
> loss or would the person have to file the IRS form 4684?
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Are you looking for a legally precise answer, or a practical answer?

As a practical answer, I would guess 99%+ people would show this as a
gambling loss.

EE

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