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This form lists your name, address and Social Security number. Taxes on gambling winnings wisconsin All casino winnings are subject to federal taxes. For example, the full winnings of one multi-million slot jackpot is paid in 25 annual installments, or you can take a lump sum of 60 percent of the winnings. When you have a win equal to or greater than $1200, you are issued a W-2G form. However, the IRS only requires the casinos to report wins over $1,200 on slots and ​ or other games such as keno, lottery or horse racing.

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The free online Hot Seven slot machine is video game developed by Amatic Industries. It has 5 reels with 3 rows and 5 paying lines that cannot be adjusted. Hot Seven slot machine game has an old-school design, and everything about it is completely retro, like the fact that it has no bonus games, and even its sound effects remind of old gambling machines. This slot is similar to Roman Legion.

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Hot Seven Slot’s Burning Tokens

The Hot Seven slot game has a total of 9 symbols, out of which only one is a bonus symbol while all others are those of a regular kind. To see the amount each card gives, there is a question mark sign which when clicked opens the pay table. The symbols can be categorized into following categories:

  • Low Win Icons – 4 regular-type icons, all depicted with fruit (cherry, lemon, orange and plum). One can win 200, 500, or 2000 credits depending on whether he collects 3, 4, or 5 of the same card. The cherry even awards 50 credits when one gets only 2 of them.
  • High Win Icons – another 2 regulars, depicted with grapes and a watermelon. They award 500, 2000 or 5000 credits depending on whether 3, 4 or 5 of the same one is collected.
  • Jackpot – marked with the number 7, and if one gets 5 of them, he is awarded the maximum win of 50000 coins! If 3 or 4 jackpots appear on the reels, the player is paid either 1000 or 10000 coins.
  • The Scatter – depicted with a star, the Scatter represents the only bonus symbol. It is the only symbol which pays in any position, every other pays from left to right.

Gamble Option

When playing Hot Seven free slot, the player can choose to risk his winnings of the previous round in order to double or even quadruple that win. That is done by picking the Gamble mark, just by choosing the same-named button whenever something is won. When the gambler decides to use the Gamble option, he is about to choose a card’s color or suite.

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If he guesses the card’s color, his winnings are increased, while if he picks the right suit of the card, the player’s winnings of the previous round are quadrupled. If the gambler’s guess is incorrect, everything he has gambled is lost. Also, if the player prefers to risk a lesser amount, he can click the half button in order to cut the gambling bet in half. This can be done until only 1 credit is reached.

Playing & Wagering

Hot Seven has the two, probably already known, ways of playing. Those are the manual, by pressing the Start button each time the gambler wants to spin the reels, and the automatic, by clicking the Auto Start button which spins the reels for unlimited number of times. The Auto Play lasts until the gambler has lost all of his credit or until it is stopped.

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This gambling machine is rather flexible on the one hand, since it gives its player an option to set the bet per line from 2 up to 1000 coins, which makes the maximum total bet 5000 credits. On the other hand, it has only 5 paying lines which are also fixed. The information considering the standings (Balance, Total Bet) can be checked in the bottom of the screen, which is also where the Bet is adjusted by clicking the button carrying the same name.

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Not much is needed to use this retro online slot machine. No download is required; the gambler just needs a stable internet connection and either a mobile phone of a newer date or a PC to take pleasure in playing this old school gambling machine game.