Yikes. Senate Amendment to the Big Beautiful Bill = You get taxed on more than you earned from gambling, even if you netted $0 (or less!). Here's how it works and what you can do... The change If it passes in this form, starting in 2026, gambling losses (and expenses) will only be 90% deductible (and still only up to your total winnings). What this means in plain English If you win $100k and lose $100k – You’ll owe tax on $10k of “phantom” income. If you win $100k and lose $50k – You actually profited $50k, but you’ll owe tax on $55k. If you win $100k and lose $150k – No tax owed (your deduction is capped at $100k, which is more than 90% of $150k ($135k)). (Editing in from my post below because it's important: A pro who earns $200k/year might have $3m in winnings and $2.8m in losses. This means earning $200k and being taxed as if they earned $480k.) This applies to both recreational and professional gamblers. For pros, your travel, coaching, software, etc. are lumped into the “loss” bucket and still subject to the 90% cap. What to do Pulling from @russcfox's post: "If you don't like this (and I don't), and if you have a GOP Congressman, let them know. (You can find your House representative at house.gov/representatives/fi…) Be respectful in your message, and, yes, they are looked at." Thank you for breaking the news and keeping poker players posted, Russ! --

🤣😂 #PureOhio

Now is the moment where the true darkness begins. When the moon has passed, and you realize you spent all this money, and here you are…in Ohio.

Only in Michigan are you sitting outside in late Feb with temps in the 70’s and you get an alert like this.

Jim Harbaugh just pulled a Gorge Costanza. When you’ve peaked, take your bow & walk out to the applause. It’s just another good play-call by a great coach. #GoBlue

Mixing NASA & College Football just because it’s in Houston was a stretch, but damn…that hype video was awesome. @espn #GoBlue

People surprised that the team that would make the largest jump in rankings to get into the college football playoff in history would be Alabama…?? Absolutely no one. #CollegeFootballPlayoff #SECbias

The College Football Payoff selection arguments this morning are philosophicaly the chicken vs the egg scenario. Amazing. This is the best sport.

Your finest work thus far @mello2189 Numb. LFG. #GoBlue

Bet

It spreads.

When even your team’s biggest hater knows what’s going on…

Looks accurate.

Hey there @JimCosta_ They must’ve been panning for famous/disappointed CMU alum.

Dear lord...I thought this was a foam party at first.

Trading with Steve Yzerman be like…

We've seen few humans this devoted and humble as Jimmy Carter. Quietly continuing his mission,which was to do good. If you must leave us go gently . Leave your heart and bravery so we might learn. Thank you President Carter. Jimmy.

Tough when you beat yourself, but hats off to @TCUFootball. Go win the natty. Great season @UMichFootball. Rough loss but great heart all season. #GoBlue