Your gambling winnings are generally subject to a flat 24% tax. However, for the following sources listed below, gambling winnings over $5,000 will be subject to income tax withholding: Any sweepstakes, lottery, or wagering pool (this can include payments made to the winner(s) of poker tournaments). Regular withholding rate. Effective for taxable years beginning after December 31, 2017, the withholding rate under Section 3402 (q) applicable to winnings of $5,000 or more from sweepstakes, wagering pools, certain parimutuel pools, jai alai, and lotteries (formerly 25%) is 24%. This rate appears in the Withholding, Regular Gambling Withholding for Certain Games, Noncash payments, and Backup Withholding. The United States government requires a 25% tax on gambling winnings that exceed $600 at a horse track, $1,200 at a slot machine or bingo game, $1,500 in keno, and $5,000 in poker tournaments.
Slot Payouts by Casino / City / State
Slot Machine Winnings On Youtube
The following information was gathered by the various Gaming Commissions controlling their casinos within their jurisdiction. Casinos constantly add and remove slot machines, trying new slot variations, therefore, the following information is presented as a guide only because these numbers change slightly every day. Please remember not all gaming areas are required to supply payout reports. The percentages below represent video poker, keno and slots, with machines of all denominations.
Atlantic City
AC Hilton
92.4
Borgota
92.1
Resorts
92.2
Trump TajMahal
92.2
Colorado
BlackHawk
94.5
Central City
94.0
Cripple Creek
94.4
Connecticut
Foxwoods
91.9
Mohegan Sun
92.0
Illinois
Alton Belle
94.3
Casino Queen
94.9
Grand Victoria
94.0
Indiana
Argosy Lawrenceburg
93.8
Belterra
92.8
Caesars
93.3
Iowa
Diamond Jo
93.5
Isle - Bettendorf
93.4
Prairie Meadows
93.8
Louisiana
Baton Rouge
92.7
Lake Charles
92.1
New Orleans
92.4
Shreveport/Bossier City
92.6
Mississippi
Coastal Region
93.7
North River Region
93.6
South River Region
93.2
Missouri
Ameristar Kansas City
92.9
Argosy Riverside
93.8
Isle of Capri
92.9
President
93.6
Nevada
Boulder Strip
95.8
North Las Vegas
95.6
Balance Clark County
95.3
Laughlin
93.9
Lake Tahoe
93.7
Las Vegas Strip
93.6
Las VegasDowntown
94.2
Mesquite
94.8
Reno
94.7
Slot Machine Payoffs - Las Vegas
Slot Machine Payoffs - Laughlin
Slot Machine Payoffs - Reno
Slot Machine Payoffs - Lake Tahoe
Slot Machine Payoffs - Nationwide
State Tax On Slot Machine Winnings Washington State 2019
