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STACK IT. KEEP IT.

STACK IT. KEEP IT.STACK IT. KEEP IT.STACK IT. KEEP IT.

IRS FAQ

  

No. Not all U.S. states withhold state income tax on gambling or lottery winnings.

Some states do not have a state income tax at all, which means no state tax is withheld at the source. Common examples include:

  • Nevada
  • Florida
  • Texas
  • Washington
  • South  Dakota
  • Wyoming
  • Alaska

However, many other states do withhold state tax, and each state has its own rules, rates, and refund processes. Federal tax rules are separate from state rules.


  

U.S. tax reporting depends on the type of winnings, not just the total amount. Common IRS reporting thresholds include:

  • Lottery winnings: $600 or more
  • Slots or bingo: $1,200 or more - (2026 filing year has changed win threshold to $2,000+)
  • Keno: $1,500 or more
  • Sweepstakes: $600 or more
  • Poker Tournaments: $5,000 over buy-in amount 
  • Horse/Dog: $600+ and 300x wager

When these thresholds are met, casinos or payers typically issue Form W-2G or FORM 1042-S for Federal tax withholding. State taxes may be withheld at the time of payout, and proper documentation will be given for that.


Under the Canada–U.S. Tax Treaty, Canadian residents are entitled to recover U.S. federal tax withheld on gambling winnings by filing a U.S. non-resident tax return, as gambling winnings are not taxable in Canada, and the treaty prevents double taxation. 


  

U.S. filing deadlines differ from Canadian tax deadlines.

  • April  15 is the most common filing deadline
  • In some cases, June 15 may apply depending on income type

Missing deadlines can affect refund eligibility and may result in penalties. 


  

Filing late can result in:

  • Late filing penalties (generally up to 25% of the tax due)
  • Interest  charges that accrue over time
  • Delays in processing refunds

Even when a refund is expected, filing late can complicate or delay recovery. 



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