How much in losses can you write off from the losing tickets against your winnin... | Hacker News

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		toomuchtodo on Jan 10, 2016 \| parent \| context \| favorite \| on: Ask HN: Why doesn't somebody buy every combination... How much in losses can you write off from the losing tickets against your winnings?

loumf on Jan 10, 2016 [–]

At that level, probably none:

http://www.fitz-cpa.com/gambling.aspx#GM7

Once you are in AMT territory, you lose the deduction.

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