Hello I will be holding a video game tournament with a cash payout of around $2,000 split into 16 people. No person will receive over $400. I will be taking in about $8,000 in entry fees. I was wondering if and/or where taxes would be applied. I have done these in the past and they have been much smaller scale so I never had to consider this variable. I do not have an official business registered with the state. Anyways, I was just wondering if I was susceptible to any sort of taxation for running this event. I live in Omaha Nebraska.