Generally, if you receiveR$600 or more in gambling winnings, the payer is required to issue you a Form W-2G. If you have won more thanR$5,000, the payer may be required to withhold 28% of the proceeds for Federal income tax.
Generally, there is no limit on deposits. However, there are limitations on the amount of funds the Federal Deposit Insurance Corporation (FDIC) will insure. Please refer to the Understanding Deposit Insurance section of the FDIC's website for more information on FDIC deposit insurance.