Poker winnings in general are almost always reported as "total prizes won" though. Meaning some high stakes players who may seem 7 figure winners are actually losing (eg. Dan Bilzarian)If you’re at the point where you’re reporting gambling income as taxable income, you also report losses and can only write off the losses relative to the income. He was way ahead if he was net mid 7 figures as taxable income
I imagine he was likely break even give or take, and his volume allowed him to receive rewards and placing him under the taxable threshold. Many breakeven online holdem pros lived off the rewards (rakeback) of high volume for years.


and the irony is that most of those lives lost probably support politics / politicians who allow the current legislation to continue.
