Sentences with phrase «by gambling losses»

Lottery withholding taxes are quite substantial, and from my understanding of the federal tax regulations, gambling winnings can be offset by gambling losses up to the amount won.

Not exact matches

The most underreported part of this story has been the fact that the $ 6.2 billion in losses were gambles in high risk derivatives made by the Chief Investment Office (CIO) with FDIC insured deposits held in the commercial bank.

The banks are trying to win back their losses by arbitrage operations, borrowing from the Fed at a low interest rate and lending at a higher one, and gambling on options and derivatives.

I recognize that this might be considered by some to be a bit of a gamble with our children's faith, but I feel like it allowed our children to accept Jason's loss of faith with less anxiety.

All that is just as well really, because the search for a new manager, which seems ever more necessary after the loss to Liverpool and Wenger's tactical «gamble» of dropping our best player, may be complicated by the fact that the current La Liga champions Barcelona are also looking for a new head coach.

The change in formation was something of a gamble by Conte after he watched his side endure consecutive losses to title - rivals Liverpool and Arsenal.

Definitely a gamble though undoubtedly made no easier for Villas Boas by the loss of Luka Modric, the creative heart of Harry's team.

By reframing the problem from a «gain frame» to «loss frame», we nudged you from sure shot (conservative) option towards the riskier option (gambling).

Itemized deductions also include mortgage interest paid on a home loan, personal losses due to theft or accident, state and local income or sales taxes, property taxes (on real estate as well as personal property), charitable contributions to churches and other qualified nonprofit organizations, gambling losses (provided they are offset by gambling winnings), and home office expenses.

They try to win back their losses, they experience depression and anxiety related to their gambling, they're pushed to gamble by external forces like social situations and stress, and they experience withdrawal when they're not gambling.

According to Gaming and Betting Act of 7 May 1999, gambling is «a game of chance is any game whereby a bet of any kind that is placed leads to the loss of this bet by at least one of the players, or a win of any kind for at least one of the players or organisers of the game, and whereby chance may even be a secondary element in the course of the game, indication of the winner or determination of the size of the winnings».

About a dozen states incrementally raised the minimum wage, including New York, where it surged to a whopping $ 8 an hour, which will help offset losses incurred by expanded casinos and gambling, also set to begin this year.

In the LCA they were characterised by their occasional loss chasing and experience of higher - level effects as a consequence of their gambling behaviour.