Find out how much you owe the IRS on your casino winnings. Enter your winnings, losses, income, and state — get an instant federal and state tax breakdown.
⚠️This tool provides estimates only and is not tax advice. Consult a qualified tax professional. Tax laws change frequently.
Estimate Your Gambling Taxes
Based on 2026 federal tax brackets and state rates.
🎰Gambling Winnings
$
Total amount won before losses
$
Must itemize deductions to claim
💡 You can only deduct gambling losses up to the amount of your winnings — and only if you itemize deductions. Keep all W-2G forms and receipts.
💼Other Income
$
Salary, self-employment, investments
$
From W-2G forms (casinos withhold 24% over $5,000)
📋Filing Details
Tax Estimate
Total Tax on Winnings
$463
on $3,500 net winnings
Gross Winnings$5,000
Deductible Losses-$1,500
Net Taxable Winnings$3,500
Federal Tax$463
State Tax (Nevada)None
Already Withheld$0
Effective Federal Rate13.2%
Take-Home Winnings$3,037
Additional Amount Due
$463
Consider making an estimated tax payment to avoid penalties.
Wintra logs every session so you have accurate records for tax time.
📊 Affiliate Pick
File with TurboTax
TurboTax guides you through reporting gambling winnings and losses. Handles W-2G forms, itemized deductions, and state returns in one place.
