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Stupid question about casino winnings...

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I just had a really random question about gambling.
Let's say you go to a casino and blow 5000.00. On your last pull you hit the jackpot and win 5000.00.
You are even. Yay!
Do you have to pay tax on that 5000.00?
Is it possible for a casino to sell you a credit (or maybe there is another term) and under this scenario you would NOT be winning, but even and owe no taxes?
It's probably obvious that I have never gambled, nor do I plan to... but I am still curious.

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