Tax Tips How Much Does the Government Make Off of Gambling? Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by Published Sep 9, 2010 - [Updated Sep 7, 2017] 0 min read In the fourth installment of our “Sin Tax” series, we explore the financial implications of gambling on Uncle Sam’s bottom line. It’s no secret that the government makes some income from gambling. But, many would be surprised to find that total gaming brings in nearly $100 billion in tax revenue each year. From legal bookmaking to card rooms, the graphic below illustrates where the money comes from. We also take a look at the various tax rates across the U.S., by state and by type of establishment. Previous Post The Tax Implications of Divorce Next Post Don't Forget to Pay Your Estimated Taxes Written by More from 5 responses to “How Much Does the Government Make Off of Gambling?” Why isn’t California on the list? Reply We use turbo tax also. I can’t believe lopepe would pay to have there taxes done as turbo tax is self explanatory & very easy to use. I also do the taxes for my sister on this program Reply Cool….. Reply Thanks man for sharing it. Reply You forgot Connecticut, with 2 of the world’s largest casinos. Reply Leave a ReplyCancel reply Browse Related Articles Investments Gambling Winnings Taxes: An Intro Guide Income Tax by State Utah state income tax in 2025: A guide Income Tax by State South Dakota state income tax in 2025: A guide Tax Tips March Madness Tax Tips: How Student-Athletes Can Score Big with NIL Deals and Deductions Tax Forms Form 2210 Instructions: How to Calculate and Pay Estimated Taxes to Avoid Penalties Tax Forms What is Form 720? Understanding the Ins and Outs of Quarterly Federal Excise Tax Returns Income Tax by State New Hampshire state income tax in 2025: A guide Income Tax by State Pennsylvania state income tax in 2025: A guide Tax Forms Inheritance & Schedule K-1, 1041 Tax Forms: Trust and Estate Income Explained Tax Forms IRS Form 4868: A Step-by-Step Guide to Filing an IRS Tax Extension
We use turbo tax also. I can’t believe lopepe would pay to have there taxes done as turbo tax is self explanatory & very easy to use. I also do the taxes for my sister on this program Reply