12/24/2023 0 Comments Do you pay taxes on blackjack winnings![]() Online casinos in the US work in the same way – so don’t assume that just because you’re playing online means you don’t need to worry about paying taxes. However, it’s important to remember that the federal government taxes gambling income at 24% in every state, so you can never fully avoid taxes on those big wins! ![]() Other states like Arizona, North Dakota, Indiana, and Pennsylvania have relatively low tax rates between 2-4% on casino, sports betting, and other gambling winnings. At the time of writing, nine US states including Nevada, Wyoming, and Florida do not tax gambling winnings at all. However, the most important is the state that you’re playing in. Whether you have to pay taxes on casino winnings depends on several factors. This guide will overview gambling and casino taxes by state, so you can choose where to play based on favorable tax laws. However, some states do not tax gambling winnings or have very low tax rates compared to others. Gambling winnings are subject to both federal and state taxes in most parts of the United States. ![]() Online Gambling Taxes: A Beginner’s Guide.
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