EINs and other information. Individuals abroad and more. Savings and price comparisons based on anticipated price increase expected in March.how to win on 5p roulette ROULETTE NO DEPOSIT FREE BONUS UK If you gamble, these IRS tax tips can help you at tax time next year: Income from gambling includes winnings from the lottery, horse racing. If you win, you may receive a Form W-2G, Certain Gambling Winnings, from the payer. The form reports the amount of your winnings to you and the IRS. Gambling winnings are fully taxable and must be reported on your tax return. deduct your gambling losses for the year on line 28, Schedule A (Form ).