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Earlier this year, as part of an expansive rewrite of gambling tax law, the IRS put forward the idea of lowering the mandatory reporting minimum for slot machines to 0. The results of their study were published in the Proceedings of the National Academy of Sciences. So they took a bunch of mice and got some of them addicted to methamphetamine....

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We understand that “mice”and “rats” are not interchangeable and apologize if anyone was offended.The study concluded that drug-addled rats assign higher motivational values to large rewards.Dear Mark: If the automatic W2-G reporting on a slot machine is for a jackpot of ,200, does that hold true for higher-denomination machines as well? Bill W....

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Gambling Wisdom of the Week: “Whenever you switch from Deuces Wild to Jacks-or-Better, the first four of a kind will be Deuces. It was near mayhem when they raised the price to . They also returned to that choice in subsequent trials, even though they were going to have a bad experjackpot junction casino buffetience seven out of every eight attempts....

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So yes, I do buy into your belief that your typical Gen Xer is unaware of what WE had before corporate monetized every square inch of a casino property. So they took a bunch of mice and got some of them addicted to methamphetamine.Those 0 jackpots will not only trigger a tax form, but if you play another hour or two, your taxable winnings will probably be long gone by the losses you incur, and your tax liability will still be outstanding....

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As my gaming career winds down, I am grateful that I was fortunate enough to have worked during that overused, but appropriately stated phrase, “the good old days,” – the Stardust, Sands, DI (Desert Inn), and Frontier notwithstanding. Perhaps most interesting though is that when they got a bitter pill playing the low variance slot they immediately switched to the high risk machine far more frequently than the control group rodents. 14 times out of every 16 the poor fellows got the bitter pill....