Arizona Tax Rate Gambling Winnings

1. The list is based mostly on your country, as many bonuses are Arizona State Tax On Gambling Winnings only valid to players from certain countries. However, other ranging factors, such as the bonus value and the casino's rating, have been added into the mix as well.
2. Do I Have to Report All Winnings? All gambling winnings received from slot machines are subject to.

Sports betting is still not legal in the state of Arizona. However, that doesn't mean that the Grand Canyon State isn't trying to change that. A sports betting bill popped up in early 2019 but eventually lost steam early in the legislature. Now in 2020, there are two bills that have a chance to bring legal sports betting to Arizona. One is a clone of the 2019 bill while another is a new bill altogether and that one may be Arizona's best chance.

Two Bills That Could Legalize Sports Betting in Arizona in 2020

If Arizona is going to have legal sports betting at some point this year, it will likely be thanks to one of two bills. The two bills that are currently in the Arizona legislator that deal with sports betting are HB 2813 and SB 1525.

The first thing I do is to go to Bloodsuckers (98% RTP) and I want Arizona State Tax On Gambling Winnings to give myself about 5 chances of winning with my real money, meaning that Arizona State Tax On Gambling Winnings in this case I will bet €20 per Arizona State Tax On Gambling Winnings spin for 5 spins.

HB 2813

HB 2813 is a sports betting bill that is sponsored by Senator Sonny Borrelli (Republican) and Representative Stephen Pierce (Republican). Under the bill, sports betting would be legal in Arizona at retail locations. Horse racing tracks would also be eligible to offer sports betting if the bill were to pass. Tribal casinos would also benefit as they would be deemed eligible to offer sports betting as well.

While tribes would be able to offer sports betting under the bill, they still are not particularly happy about this specific bill. According to HB 2813, tribal casinos would be eligible to open sportsbooks at their casinos but only with the permission of the state of Arizona. The tribes feel they should be able to offer sports betting without the permission of the state. If they are required by the state to seek permission instead of being able to conduct legal sports betting on their own, the tribes will be forced to follow rules under the new law as opposed to their current gaming compacts.

The Arizona Indian Gaming Association (AIGA) has been against this bill for the reason of needing permission from the state to conduct legal sports betting. The AIGA and their opposition could prove trouble for this bill if it continues to progress. Currently, the bill is still sitting in the House.

Not only are the tribes against the bill but some members of the House aren't too fond of the bill either. A number of members have expressed interest in seeing some amendments to the bill. The Arizona Department of Gaming would serve as the regulatory body for sports betting under HB 2813. The bill does not allow for mobile or online betting.

SB 1525

SB 1525 is essentially a remade bill from last year's session. SB 1158 was the bill directed towards legalizing sports betting in the 2019 legislative session in Arizona. The bill last year didn't make it very far and the results may be similar again this year.

SB 1525, like HB 2813, is also sponsored by both Borelli and Pierce. They were also the sponsors for last year's SB 1158 that failed to make a serious run in the Arizona legislature. Like HB 2813, SB 1525 would also allow for legal sports betting on tribal lands.

Of the 24 tribal casinos located in Arizona, each one would be eligible to offer sports betting. Sports betting would be allowed through sportsbooks and kiosks. Mobile and online sports betting would not be allowed under the bill. The bill would require a voter referendum if passed, making it even more difficult to become a law.

Best and Worst-Case Scenarios For Arizona

The legislative session in Arizona ends on April 25th. That means Arizona has just a couple of weeks to push one of these bills through. The odds of that happening appear next to none. Not only have those two sports betting bills been stagnant for the past month or so, but the issue with the tribes is also another hurdle on its own. Neither bill has made any significant progress and there has been no news to suggest that will change in the final two weeks of the legislative session.

In a utopian scenario for Arizona, sports betting would somehow get passed in the next two weeks. The odds are incredibly slim that will happen. However, even if it does happen, Arizona will be limited to legal sports betting on tribal casino property only. There will be no mobile or online sports betting legal in Arizona in 2020.

The worst-case scenario, and most likely scenario, is that these bills stay put and the session ends yet again without a sports betting bill making any significant progress. Sports betting is not legalized in Arizona in 2020 and next year The Grand Canyon State will start back at square one, again. The tribes will continue to have issues with any future wording of any sports betting bills, causing even more issues and delays. Adding on to the worst-case scenario would be if the House and Senate can't agree on terms for a sports betting bill next year either and Arizona wastes another year arguing amongst itself.

Legal sports betting is all but dead in Arizona for 2020. It will still take some luck for Arizona to even legalize sports betting in 2021. It appears there are a number of hurdles for Arizona in its path to legalized sports betting. Even if Arizona manages to pass a sports betting bill in the 2021 session, a voter referendum may still be needed to actually legalize the bill. It will still take months from that time for legal sports betting to officially launch due to licensing and regulation issues. Therefore, it is likely that Arizona won't see some form of legal sports betting at least until 2022, possibly even later.

FAQ

Frequently Asked Questions

No. Sports betting is not currently legal in Arizona. There are currently two bills in the state legislature that could legalize sports betting in 2020. However, the session ends on April 25th, meaning that time is almost up for Arizona to legalize sports betting this year.

There is no way to tell for sure when sports betting will be legalized in Arizona. It is all but a certainty that it won't happen in 2020. It is possible that sports betting will be legalized in 2021 with a bit of luck. However, it may be until 2022 before any legal sports betting becomes available in Arizona.

Since sports betting is not legal in Arizona, there are no actual laws pertaining to what you can and can't bet on. However, based on the bills we have seen over the last year or so, it appears that mobile and online sports betting will not be a part of the initial legal sports betting launch in Arizona.

In Arizona, residents are subject to a 5.0% tax withholding on lottery winnings while non-residents are subject to 6.0%. Lottery winnings of $600 or less are not reported to the IRS. Winnings in excess of $5,000 are subject to a 25 percent federal withholding tax.

Three of the five states bordering Arizona, Colorado, Nevada and New Mexico, all have legal sports betting. Colorado recently legalized sports betting last November but they have yet to launch any legal sportsbooks. Colorado is expected to launch sports betting on May 1st, 2020.

No. There is no legal way for Arizona residents to bet on sports online in their home state. Based on the bills that have been filed for sports betting over the past two years, online sports betting may not be legal in Arizona for some time. None of the bills filed allowed for legal online sports betting.

States That Tax Gambling Winnings

No. Arizona is one of just six states that generally consider daily fantasy sports illegal. DraftKings, FanDuel and other major DFS sites do not operate in Arizona. It is unknown if and when Arizona plans on addressing DFS in regards to legalizing it.

No. FanDuel does not operate in Arizona. Sports betting and daily fantasy sports are both illegal in Arizona, therefore FanDuel does not operate in Arizona. However, whenever Arizona does legalize sports betting and/or DFS, look for FanDuel to be one of the first companies to enter the state.

Oklahoma Income Tax Gambling Winnings

No. DraftKings does not operate in Arizona. Sports betting and daily fantasy sports are both illegal in Arizona, therefore DraftKings does not operate in Arizona. However, whenever Arizona does legalize sports betting and/or DFS, look for DraftKings to be one of the first companies to enter the state.

There is no set timeline for how long it takes to launch sports betting from the time it is legalized. If Arizona does just legalize sports betting on tribal lands, it may only take a couple of months. Arizona could have a relatively quick turnaround from legalization to launch.

Most states require you to pay taxes on gambling winnings. Of course, some states are friendlier than others when it comes to taxing your wins.

Certain places don't charge any taxes when you win in gambling. You definitely want to consider betting in these states when you have the opportunity.

But what are the states that don't tax gambling winnings? Of the states that do tax, which ones don't charge you much?

This page discusses where you can gamble tax-free (minus federal taxes). It also covers what else you should know regarding taxes on real money gambling.

States That Don't Tax Your Gambling Winnings

If you look at the gambling laws by state, nine states don't collect taxes from your betting wins. That said, you'll want to keep the following places in mind when planning your next gambling trip.

Alaska

The Last Frontier doesn't offer many gambling opportunities on its frontier. Alaska only provides legal casino cruise ships, bingo, and pull tabs. At least you don't need to pay state taxes when winning through any of these activities, though.

Delaware

Frequently Asked Questions

No. Sports betting is not currently legal in Arizona. There are currently two bills in the state legislature that could legalize sports betting in 2020. However, the session ends on April 25th, meaning that time is almost up for Arizona to legalize sports betting this year.

There is no way to tell for sure when sports betting will be legalized in Arizona. It is all but a certainty that it won't happen in 2020. It is possible that sports betting will be legalized in 2021 with a bit of luck. However, it may be until 2022 before any legal sports betting becomes available in Arizona.

Since sports betting is not legal in Arizona, there are no actual laws pertaining to what you can and can't bet on. However, based on the bills we have seen over the last year or so, it appears that mobile and online sports betting will not be a part of the initial legal sports betting launch in Arizona.

In Arizona, residents are subject to a 5.0% tax withholding on lottery winnings while non-residents are subject to 6.0%. Lottery winnings of $600 or less are not reported to the IRS. Winnings in excess of $5,000 are subject to a 25 percent federal withholding tax.

Three of the five states bordering Arizona, Colorado, Nevada and New Mexico, all have legal sports betting. Colorado recently legalized sports betting last November but they have yet to launch any legal sportsbooks. Colorado is expected to launch sports betting on May 1st, 2020.

No. There is no legal way for Arizona residents to bet on sports online in their home state. Based on the bills that have been filed for sports betting over the past two years, online sports betting may not be legal in Arizona for some time. None of the bills filed allowed for legal online sports betting.

States That Tax Gambling Winnings

No. Arizona is one of just six states that generally consider daily fantasy sports illegal. DraftKings, FanDuel and other major DFS sites do not operate in Arizona. It is unknown if and when Arizona plans on addressing DFS in regards to legalizing it.

No. FanDuel does not operate in Arizona. Sports betting and daily fantasy sports are both illegal in Arizona, therefore FanDuel does not operate in Arizona. However, whenever Arizona does legalize sports betting and/or DFS, look for FanDuel to be one of the first companies to enter the state.

Oklahoma Income Tax Gambling Winnings

No. DraftKings does not operate in Arizona. Sports betting and daily fantasy sports are both illegal in Arizona, therefore DraftKings does not operate in Arizona. However, whenever Arizona does legalize sports betting and/or DFS, look for DraftKings to be one of the first companies to enter the state.

There is no set timeline for how long it takes to launch sports betting from the time it is legalized. If Arizona does just legalize sports betting on tribal lands, it may only take a couple of months. Arizona could have a relatively quick turnaround from legalization to launch.

Most states require you to pay taxes on gambling winnings. Of course, some states are friendlier than others when it comes to taxing your wins.

Certain places don't charge any taxes when you win in gambling. You definitely want to consider betting in these states when you have the opportunity.

But what are the states that don't tax gambling winnings? Of the states that do tax, which ones don't charge you much?

This page discusses where you can gamble tax-free (minus federal taxes). It also covers what else you should know regarding taxes on real money gambling.

States That Don't Tax Your Gambling Winnings

If you look at the gambling laws by state, nine states don't collect taxes from your betting wins. That said, you'll want to keep the following places in mind when planning your next gambling trip.

Alaska

The Last Frontier doesn't offer many gambling opportunities on its frontier. Alaska only provides legal casino cruise ships, bingo, and pull tabs. At least you don't need to pay state taxes when winning through any of these activities, though.

Delaware

With fewer than 974,000 residents, The First State isn't overly large. Nevertheless, it does offer a thriving gaming industry that includes three racinos.

Florida

The Sunshine State boasts tribal casinos, poker rooms, and racetracks. Floridians also enjoy a 0% tax when winning at these gambling establishments.

Nevada

With over 440 casinos, Nevada's gaming industry needs no introduction.

The Silver State won't level state taxes on any of the big jackpots you win in Las Vegas, Reno, Laughlin, or elsewhere.

New Hampshire

The Granite State offers a few charity casinos and sportsbooks. You won't need to pay taxes to New Hampshire when beating the bookies or casinos.

South Dakota

South Dakota may not have the largest population (885k). But it still offers 45 casinos and a bustling gaming destination in Deadwood.

Texas

The Lone Star State boasts one of the largest populations with 29 million residents. However, it doesn't offer an abundance of gambling options compared to its big population. Texas features a few casinos (Class II only), horse tracks, and charity gaming venues.

Washington

The Evergreen State features a harsh stance on online gambling that includes felony charges. Nevertheless, it does offer some betting opportunities, including tribal casinos, poker rooms, and racetracks.

Wyoming

Wyoming is the smallest state in terms of population (579k). It still provides some gaming venues, though, including charity casinos, horse tracks, and poker rooms.

States With Low Tax Rates on Gambling Wins

Most states do tax you to some degree regarding winnings, and some states have a high gambling tax. However, the following ones don't take much from you.

Arizona

The Grand Canyon State provides tribal casinos, horse tracks, and charity gaming. Arizona features a relatively low 4.54% tax rate on gambling wins.

Indiana

The Hoosier State features several casinos, multiple sportsbooks, and regulated online betting. Indiana taxes winnings at a 3.23% rate.

Michigan

Michigan offers 26 casinos, including three commercial venues in Detroit and 23 tribal establishments throughout the state.

It also features sports wagering and legal online gambling sites. The Wolverine State only charges a 4.25% tax rate on winnings.

North Dakota

Out of the states that tax winnings, North Dakota does it to the smallest degree at 2.90%. The Roughrider State provides tribal casinos, charity casinos, and lotteries.

Pennsylvania

Pennsylvania has become a mini-Las Vegas with 12 casinos along with poker rooms and sportsbooks. It only charges a 3.07% tax rate on gambling wins.

What If You Win in a State That Taxes Casino Winnings?

Only nine states let you off the hook regarding income tax on winnings. Odds are, you live in a state that taxes gambling profits.

That being said, take surrounding states and their taxes into consideration. Provided you live in/near a state with no, or low, gambling taxes, then you're in good shape.

Federal Taxes Always Apply

Earlier, I covered nine states that don't tax your wins in casinos, sportsbooks, poker rooms, etc. Even if you hail from one of these places, though, you still need to cover federal taxes.

Uncle Sam taxes your gambling winnings at 24%. This percentage is almost double the top rate in California (13.3%), which features the highest top-end gambling tax out of any state.

The federal government doesn't expect you to only report jackpots or highly profitable years. It wants you to report every penny earned through gambling.

Of course, the IRS almost assuredly won't hound you over a $10 winning Super Bowl bet against your friend. They will, however, care when you're hitting jackpots and making serious profits.

A State Can Withhold Federal Taxes From Your Casino Wins

States are supposed to withhold federal taxes from large gambling payouts. Their casinos and sportsbooks will also issue a W-2G form if the win is big enough.

You need to fill this form out and give it to the gambling establishment. They'll turn around and send it to the IRS before releasing your winnings.

Here are the guidelines on when bookmakers/casinos/poker rooms hand you a W-2G:

• $5,000+ payout in a poker tournament.
• $1,500+ payout in keno.
• $1,200+ payout through a slot or video poker machine.
• $600+ payout for a winning horse or sports bet (if win is 300x your stake).

Gambling Losses Are Deductible

As covered before, the IRS and state governments want you to report every dollar earned through gambling. However, you can deduct losses from winnings.

Everything that you wager and lose en route to winning counts as itemized deductions. These deductions reduce the amount of taxable income you'll owe.

Here's an example:

• You win $2,500 through a slot machine.
• You must report $2,500 under 'other income.'
• You spend $1,700 to win this amount throughout the year (itemized deductions).
• $2,500 – $1,700 = $800 in reportable income.

You should record all of your gambling sessions for tax purposes. If the IRS ever comes calling for an audit, you'll want evidence of your wins and losses.

The more information you possess, the better chance you stand of passing an audit with flying colors.

Can You Get Away Without Paying Gambling Taxes?

For the sake of avoiding any legal headaches, you should report gambling income and pay taxes on it. Of course, you may still wonder if it's possible to get away without covering gaming related taxes.

Three potential reasons why you might wonder this include:

Gambling Winnings Tax Form

1. You don't want to mess with $50, or so, of gambling winnings.
2. You don't have records of losses and think that it's unfair to cover taxes on wins.
3. You win big and want to avoid paying taxes.

In the first two cases, you may feel justified in not covering taxes. Dealing with winnings can be a major headache in these situations.

In the third case, you likely know that failing to cover taxes on huge wins is wrong. But you may consider it anyways because you don't feel like giving away a chunk of your payout.

Again, state governments and the IRS want you to report everything. They leave it up to you to follow the laws in your respective jurisdiction.

I suggest that you keep records and go the honest route with gambling taxes. This way, you don't need to sweat if you're ever audited.

One situation when you definitely want to report wins is if you receive a W-2G form. Casinos and sportsbooks send W-2G's to the IRS.

Therefore, the taxman will have documentation that you've earned a big prize. You don't want to give them a reason to audit by not covering taxes on a large payout.

Conclusion

Arizona Tax Rate Gambling Winnings Real Money

Hopefully, you live in or near a state that doesn't require you to claim gambling winnings on your taxes. In this case, you can win big and only worry about paying the IRS.

Federal Gambling Winnings Tax Rate

Chances are, though, you live somewhere that imposes income tax on winnings. If so, you should consider if there are any nearby options that either don't tax gambling wins or at least feature low rates.

Maybe this issue isn't of the utmost importance to you—especially when you're only playing for small stakes. But if you play for mid or higher stakes, then you can save yourself some money by playing where there's no/little taxes taken from wins.

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