$1M / year playing 5-10...doable?

[Cesaro]

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Do you have to pay taxes if you keep your entire roll on pokersites? I mean, you play poker and earn 1 million. But you only cash out 50k or something. Then you move to the UK and do one year of your education there and cash out.

[/ QUOTE ]You're still a US citizen. You would have to renounce your citizenship. You can't come back into the country and you might still have to pay taxes for up to 10 years.

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I thought you paid taxes in the country you lived in regardless of citizenship. Ie you say you made the million when you were in England.

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Sadly this is false. As long as you're a US citizen you have to pay taxes to the US government, even if you make all your money in england.