Personal Finance Advice and Commentary

Wednesday, August 10, 2016 2:47 pm
By Kay Bell · Bankrate.com

American sports fans love their National Football League teams. They also love their fantasy football teams. Good news for them. More states are allowing the daily fantasy games.

Thursday, March 10, 2016 1:27 pm
By Kay Bell · Bankrate.com

It’s March Madness time! That means fantasy sports games related to the NCAA basketball tournament are hitting high gear.

Thursday, September 17, 2015 9:48 am
By Kay Bell · Bankrate.com

Casinos are losing money and states are losing tax revenue as younger people turn to other entertainment options such as fantasy sports.

Tuesday, May 19, 2015 12:07 pm
By Kay Bell · Bankrate.com

Keystone State lottery players now get their winnings free of state taxes. The governor is proposing a tax on some jackpots as a way to close the state’s budget gap.

Thursday, April 02, 2015 3:54 pm
By Kay Bell · Bankrate.com

A new men’s NCAA basketball champ will be crowned on April 6. Also that day thousands of folks will cash in on their office betting pools. Now just don’t forget about the taxes.

Thursday, November 13, 2014 9:35 am
By Kay Bell · Bankrate.com

Atlantic City has fallen on hard times, but is hoping that it soon will get cash from property tax lien sales, including two against Trump casinos.

Thursday, March 20, 2014 12:14 pm
By Kay Bell · Bankrate.com

If your brackets pay off, remember that those gambling winnings are taxable income.

Thursday, March 28, 2013 1:04 pm
By Kay Bell · Bankrate.com

Gambling winnings you collect during March Madness, even as part of your office pool, are taxable income.

Tuesday, April 03, 2012 2:20 pm
By Kay Bell · Bankrate.com

In the span of four days, we witnessed what was arguably the largest spate of gambling in U.S. history. By the time the Mega Millions lottery numbers were drawn on Friday, March 30, folks hoping for immediate wealth had bought more that 625 million tickets. Three days later when NCAA March Madness wound down with

Friday, February 04, 2011 2:15 pm
By Kay Bell · Bankrate.com

The ice and snow that this week blanketed two-thirds of the Lone Star State (we got 3/4 of one inch overnight here in usually moderate Austin) tried to upstage Dallas’ big event, but the football gods intervened. The storm system has moved eastward and it looks like Super Bowl XLV will go on without weather worries. Of