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90%

Share of gambling losses deductible from 2026

From the 2026 tax year, gamblers can deduct only 90% of losses against winnings, according to GamblingNews; a House committee voted 38-5 to restore it.

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  1. BUSINESSPowerball jackpot climbs to $538m with no big winner1 day ago
  2. BUSINESSGLP-1 drugs tied to lower gambling cravings, doctor says1 day ago
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