Gambling income and benefits As the recipient of any benefit, you're assessed based on your “capital”. That is to say, if you do have savings which one day go over a particular threshold, then you may lose your entitlement to some of your benefits as a result.
Anywho, what happens if you win money while on disability?
As long as you are receiving Social Security disability benefits (SSDI) and not Supplemental Security Income (SSI), winning any amount of money wouldn't affect your benefits other than possibly increasing the amount of your benefits that are subject to income taxes (https://www.ssa.gov/planners/taxes.html).
Likewise, is gambling a mental health problem? People gamble for a whole range of reasons. While gambling moderately is not a problem, gambling can become an addiction and can be harmful to our mental health.
At the least, how much do you get taxed on gambling winnings?
Your gambling winnings are generally subject to a flat 24% tax. However, for the following sources listed below, gambling winnings over $5,000 are subject to income tax withholding: Any sweepstakes, wagering pool (including payments made to winners of poker tournaments), or lottery.
Do gambling winnings affect Social Security disability benefits?
No, lottery winnings do not affect your social security disability benefits (SSDI). ... It's paid to disabled individuals who have limited income and resources, and haven't paid enough social security taxes. As such, non-work related earnings like lottery winnings do not count as income under SSDI.