Chinese gambling taboos
1 Chinese Gambling Superstitions and Taboos Chinese are a superstitious group of people. Some Chinese gambling superstition thinking and behavior have become. Under-mentioned is a list of Chinese gambling superstitions and taboos for your reference. 1. Wearing red (preferably a red underwear) and go to a casino. Chinese gambling superstitions are a real thing, especially for, well, the Chinese, considered one of the most superstitious people in the world.
Chinese New Year Taboos
Black and white colors are carefully kept away as these colors signify death, misfortune and ill-luck. The Lantern Festival ends the New Year celebrations. Canadians can play on international online casinos and they can also legally deposit and withdraw money to online casinos. But teams of dancers dress up and dance in the streets. The way the sticks fall shows the kind of luck the person will have. The ancient Chinese religion had many Door Gods in the house to watch over the family. It began long ago when there was only one religion which has many gods and spirits.
Chinese Gambling Superstitions and Taboos
It began long ago when there was only one religion which has many gods and spirits. Nowadays, New Year is also celebrated in the temples of newer faiths. The ancient Chinese religion had many Door Gods in the house to watch over the family. One story about a Door God guard takes us back a thousand years.
Emperor Taizong had fallen ill, and one night he lay tossing and turning in his bed. He had a really bad dream. Ghosts howled and screamed in his head all night. The next day, he told his two best soldiers, Qin Qiong and Yuchi Gong, about the dream. One held a club and the other, an iron rod. In the morning, the emperor said that he had slept like a log.
But the soldiers could not spend every night guarding his room. So the emperor told an artist to paint pictures of the two soldiers. These were hung as guards on the palace gates. Word soon got round that the paintings were guarding the palace against evil spirits. People started to stick pictures of the two soldiers outside their homes, too.
Nowadays, at New Year, millions of Door God pictures flutter in the winter wind. A festival Diary Long ago, the fun lasted for 15 days. Now, most people only celebrate the first three days of the festival. There is plenty of work to be done before the New Year fun begins. First everyone helps to clean the house from top to toe. During Chinese New year, when it comes to sweeping, shopkeepers are careful not to sweep toward the door, in case good fortune is swept out the front door.
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As is often the case, federal and state governments single out casino winnings for unique taxes of their own. Here is what you need to know about reporting gambling winnings: How Much You Win Matters Gamblers are lucky in that casino taxes are not progressive like income taxes are. Winnings in the following amounts must be reported: In most cases, the casino will take 25 percent off your winnings for the IRS before even paying you.
W2-G forms are not required for winnings from table games such as blackjack, craps, baccarat, and roulette, regardless of the amount. Note that this does not mean you are exempt from paying taxes or reporting the winnings.
Any and all gambling winnings must be reported to the IRS. It only means that you do not have to fill out Form W2-G for these particular table-based games. Reporting Smaller Winnings Even if you do not win as much as the amounts above, you are still legally obligated to report. You also need to report any awards or prize money you won during the year in question. Gambling income plus your job income and any other income equals your total income. Fortunately, you do not necessarily have to pay taxes on all your winnings.
Instead, if you itemize, you can claim your losses up to the amount of your winnings. What About State Taxes?
In addition to federal taxes payable to the IRS, many state governments tax gambling income as well. Each state has their own unique formulas and rules for gambling income, and some levy no gambling taxes at all. Others charge a flat percentage, while still others ramp up the percentage owed depending on how much you won. TurboTax will ask you simple questions and give you the tax credits and deductions you are eligible for based on your answers.