States that have authorized sports wagering tend to hover in the 10% to 15% range, with outliers such as Pennsylvania at a 36% tax rate contrasting with Nevada’s 6. More than one in 10 Pennsylvanians, about 11%, engaged in online gambling. What are the Gambling Tax Rates in Georgia? In Georgia, state taxes range from 1% to 5. These gambling winnings are subject to federal income tax withholding, typically at a fixed rate of 24%. Therefore, the new gambling laws must create successful casino business that has the revenues to pay a lot of taxes. Regardless of whether you win $500,000 or $5000, the tax rate of 25% is the same because federal gambling tax isn’t progressive. 5 million. The state has one of the highest tax rates for gambling activities in the United States. 5% for retail sportsbooks and 13% for online sportsbooks. Gross revenue from gaming and gambling in. The exceptions to the rule are Delaware, New Hampshire, and Rhode Island, which all have rates around 50 percent, and Pennsylvania with a 34 percent rate. 5% for all filers. National Problem Gambling Helpline – (800) 522-4700. Pennsylvania Gambling Tax Rate. Some exceptions apply; see below for additional detail. Gambling and lottery winnings is a separate class of income under Pennsylvania personal income tax law. While discussions on gambling taxation have risen in popularity, the specifics pertaining to horse racing present some interesting wrinkles. HARRISBURG, PA:The Pennsylvania Gaming Control Board reported today that the combined total revenue generated from all forms of gaming along with fantasy. So, if you lost $5,000 on sports betting last year but took home $7,000 in the end, you’d be able to deduct all of those losses. How we rate Pennsylvania online gambling sites. The majority of Massachusetts players are. The state applies a flat tax rate of. 59% to 4. Taxes and Fees § 13B51. Every time bettors lose a $1,100 bet, they lose $1,100. 2022 / 2023. This means if you win Mega Millions, Powerball or a state lottery you will pay the same rate of taxes. Cons. So if your income is less than $8,500, you’ll have to pay the lowest tax rate of 4%. November 2018 marked the beginning of legalized sports betting in the state. (CCGP) is a non-profit group that operates a 24/7, free, live, and confidential helpline (1-800-GAMBLER) for gamblers, as well as. Pixel-Shot // Shutterstock. 58%. 07% on top of the federal rate of 24%, which applies to all gambling activities. The state imposes a 36% tax on PA sports betting revenue, the highest rate of any competitive commercial market in the US. 54% on slot revenue; 16% on table game revenue; 34% on electronic table games; Pennsylvania iGaming tax rate. The considerable tax revenue has been collected thanks to Pennsylvania’s high tax rate on operators, which charges every sportsbook 36% of revenues. 25% tax in. The relatively modest 14. Tax results for gambling in PA are in. They are required to report and pay tax on the income (from PA’s eight taxable classes of income) that they receive during their taxable year. § 13C01(1)(iii), tangible promotional items related to sports wagering may be deductible under the criteria set forth within Bulletin 2015-01. Federal tax is levied on cash, and non-cash winnings profited from playing bingo, lottery, gambling on sports, raffles, keno, sweepstakes, slots, and all gambling games. State income tax must be paid by residents on all winnings. This tax rate is the percentage individuals pay after standard deductions, exemptions, etc. The actual amount will depend on your state’s particular tax rate. Estates and trusts are taxpayers for Pennsylvania personal income tax purposes. Under Pennsylvania personal income tax law, online gambling winnings are taxed at a rate of 3. Pa Tax On Gambling Winnings. § 13B53. Enter here and include the amount of the withholding in the amount reported on Line 13 of the PA-40, Personal Income Tax Return. 1. State collected lots of tax dollars from gambling. Pennsylvania has just nine casinos operating, but its 55 percent tax rate on slot machine gambling more than makes up for it. Tax revenue generated from sports wagering during April 2021 was $9,466,734*. Interactive gaming tax. 10. 2 Operated by Mohegan Sun Pocono. State and local tax rates vary by location. The tax brackets are progressive, which means portions of your winnings are taxed at different rates. PA has the lowest rate of all states with a flat tax. These rates. 1 Operated by Parx Casino. WILL THE PENNSYLVANIA LOTTERY WITHHOLD INCOME TAX ON THE TAXABLE WINNINGS? Yes. §7303(a)(7). § 4. Gambling. The tax rate on slots is one of the highest in the nation. Some states don’t impose an income tax while others withhold over 15%. Tax on Online Casino Winnings in Pennsylvania. Check out the all-time Pennsylvania sports betting revenue stats below. Any profit accumulated through gambling is subject to a federal tax rate of 25%, withheld by the casino. The out-of-state resident employee will still be subject to and owe the “Work Location Non-Resident EIT Rate,” as well as the Local Services Tax (LST), based on the PA worksite municipality. For Tax Year 2022: 3. However, starting in 2018, the withholding rate for federal taxes is now a uniform 24%. online casino brands: 18:. The Pennsylvania sports betting tax rate is currently set at 24% for Federal taxes and a flat 3. This is in line with the national trends, where the majority of states have opted for lower rates. 3% if the patron is a self-employed professional gambler. 79% for Philadelphia residents. It took a while before the Pennsylvania Gaming Control Board (PGCB) received any sports betting license applications, but Hollywood Casino and Parx Casino have committed the $10 million fee and are the first casinos to submit their applications. In the year leading up to the 2022 study, 67. Breakdowns of revenue by types of gambling and by operator is. 8398% for Philadelphia residents. 7 percent from 2018. Pennsylvania gambling laws are strict and focused on transparency. Video Gaming Terminals. HARRISBURG, PA: The Pennsylvania. There is an effective rate of 36%, in addition to a $10 million one-time licensing fee. 00 percent, and an average combined state and local sales tax rate of 6. That increases to $201,050 for. RTP. Between July 21, 1983 and Dec. Pennsylvania residents for PA personal income tax purposes regardless of when the payments are received. 07%. Costa, the Senate Minority Leader, estimates his reforms — most notably, online gambling and. Table games and poker are taxed at 14% + 2% and sports betting at 34% + 2%. Josh Shapiro, Governor Pat Browne, Secretary. You must report all gambling winnings on Form 1040 or Form 1040-SR (use Schedule 1 (Form 1040) PDF ), including winnings that aren't reported on. In Pennsylvania, gambling taxes apply to all forms of wagering – lotteries, sports betting, horse racing, slots and casino games. It doesn’t take much – an annual. How is the cash value calculated?Pennsylvania casinos are subject to the highest effective tax rate in the country. Second to New York in tax revenue was Pennsylvania, which also has a high tax rate of 36%. Gambling winnings that total a sufficient amount are subject to federal income tax. a taxpayer may get to deduct more expenses against. 16 percent for online table games. 8 percent on lottery winnings exceeding $0. While Pennsylvania’s lawmakers cannot make up the entire $3 billion budget deficit through gambling revenues, they will save the taxpayers hundreds of millions of dollars over the months and years. 44 billion in taxes tied directly to gaming revenue, an increase of 5. Keno profit of more than $1,500 on a game. 75%. Fantasy Contests Revenue FY 2022/2023. 34 percent. The tax rate on winnings up to and including 10,000 RON is 3% of the. The gambling winnings are also considered part of your income, with a flat tax of 3. New 21% Point Of Consumption Tax For Remote Gambling in 2019. Enter the total amount of PA tax withheld from federal Forms W-2G. The effective tax rate is the percentage you pay after standard deductions, etc. Stat. But, these are still counted toward your total taxable income. Sports Betting 36% Fantasy Sports 15%Visit mypath. 1. 4% for income between $10,000 and $25,000. The EITC is not a City program. In addition, the c ombined tax revenue from these games during the fiscal year will top $2 billion for the first time. your tax rate). “You can’t even go to the grocery store for $57,” Kenny said. Federal tax on gambling winnings is 24%. Anyone who receives winnings from lottery games, racetrack betting or gambling must pay income tax on the prize money. The most important of these conditions is that you can’t claim losses that total more than your gains. Box 1660 Philadelphia, PA 19105-1660Strictly speaking, of course, all gambling winnings, no matter how small, are considered income in the US. Pennsylvania's 55 percent tax rate on slot-machine proceeds is among the highest in the nation, below New York's 65 percent and West Virginia's 57. Contact us today at (973) 470-0800 or law@kridel. Instructions for PA-41 Schedule A Interest Income and Gambling and Lottery Winnings PA-41 A IN 09-20 PA-41 A 1 The instruction for Line 14, Gambling and lottery winnings were revised for an estate and trust electing to file a combined tax return for federal income tax purposes basedWhat is the Federal Gambling Tax Rate? Standard federal tax withholding applies to winnings of $5,000 or more from: Wagering pools (this does not include poker tournaments). Pennsylvania Gambling Tax Rate – 24% (federal) + 3. There is a unique tax rate set for each category (16% for poker, 16% for table games, and 54% for slots), creating a blended tax rate that is easilyCasinos in Pennsylvania pay a tax rate of 55 percent on slots, video poker, and electronic table games. 42% and Caesars CZR, -0. Pennsylvania charges 36 percent taxes on sports betting and 54 percent on online slots. Gambling winnings are typically subject to a flat 24% tax. Depending on which tax bracket you fall into, the Federal tax could be higher than the standard 24%. Tax revenue generated from sports wagering during September 2022 was $18,078,109*. Total Sportsbook Revenue: $1,387,039,943. Slots Revenue FY 2022/2023. Non-residents must complete and file IRS Form. 35 billion in sports betting revenues. This includes: 54 percent for online slots. ️ Online gambling launch : July 2019 : 💸 Tax rate : 25% (federal) + 3. 78 percent of the tax, and the City of Detroit receives 4. What’s impressive is how the 36% tax rate that Pennsylvania applies to sportsbook operators has done for its tax revenue. 1 Operated by Parx Casino. Pennsylvania Play & Taxes 2023. 07% which applies to all taxable income, including gambling and lottery winnings. The Council on Compulsive Gambling of PA – (800) 426-2537. The amount withheld for state taxes varies from state to state. Chapter 1 - Gaming’s Impact on Tax-Exempt Status 3 Gaming’s Impact on Tax-Exempt Status This chapter explores the impact of gaming on an organization’s tax-exempt status according to the section of the Internal Revenue Code (IRC) under which it is exempt. 07% against taxable income from gambling and. 25% on mobile betting. But every time sportsbooks lose a $1,100 bet, they only lose $1,000. Caesars has said PA sports betting is not a priority given the state’s 36% effective tax rate. Pa Gambling Tax Rate - Top Online Slots Casinos for 2022 #1 guide to playing real money slots online. Pennsylvania launched online gambling in 2019. But it has one of the lowest tax rates in the country at 6. The rate of participation in online PA casino apps remained steady from the first year of the study, according to the latest report. Paying your Pennsylvania gambling taxes is easy. § 4. 3% of your winnings. Tax Rate on PA Casinos and Sports Betting. Background : The determination of Michigan. The estimated amount, prior to any adjustments by the PA Department of Revenue is $2,052,630,568. It’s the sixth straight month Pennsylvania has posted. $10,360. 5 percent on lottery winnings between $10,001 and $0. If you. Information for workers, community groups, and employers about the federal Earned Income Tax Credit (EITC). The withholding rates for gambling winnings paid by the New Jersey Lottery are as follows: 5% for Lottery payouts between $10,001 and $500,000; 8% for Lottery payouts over $500,000; and. Similar concerns appeared when Pennsylvania expanded gambling in 2017. Online casino play is taxable at a 25% rate. If the total LST rate enacted is $10 or less, the tax is to be collected in a lump sum. Pennsylvania’s combined state/local sports wagering tax is 36% for both formats. Pennsylvania tax on gambling winnings Gaming Tax Bulletin 2019-01 -- Department of Revenue Policy Concerning Implementation of New Gaming Initiatives Under Act 42 of 2017. Pennsylvania tax rate: Pennsylvania charges an additional 3. WHAT IF I SELL MY ANNUITY PAYMENT TO A THIRD PARTY?High taxes drive customers to offshore sites. Fast forward to today, and Pennsylvania produces more gambling revenue than any other land-based casino market not named Nevada. Since the program’s 1971 inception, older and disabled adults have received more than $7. 31, 2015, all prizes of the Pennsylvania Lottery were excluded from this class of income. Colorado. Call the PA Gambling Addiction 24-hour hotline at 1-800-GAMBLER. The flat rate for taxes on gambling winnings is set at 24% initially. e. Estates and trusts are entitled to. Individuals are also liable for taxes on gambling winnings in PA. Any wins that trigger a W-2G are withheld at a rate of 24%. Cash is not the only kind of winnings you need to report. 66% higher than September 2021 when revenue was $3,406,058. Latest PA News. All earnings are subject to sports betting taxes. Paul Waggoner, R-Hutchinson. It took a while for the framework and licensing process to be put into place. The UK chancellor, Philip Hammond, announced in his budget in 2018 that the a higher rate 21% point of consumption tax will now be imposed for online gambling on ‘games of chance’, up from 15%. Newest Updated Feb 22, 2023. Married Filing Separately. Here’s what you need to know ahead of Tax Day 2023 (April 18). If you have sports betting losses, you are not allowed to net the. 07 percent: Inheritance and Estate Tax:. Furthermore, online sports betting contributed over $260 million dollars in tax. Is the tax rate different for different lotteries? No. Land based casinos tax rate. Commercial gaming operators paid an estimated $3. You would have to have an individual income above $100,525, including your winnings, to move into the 24% tax bracket. 5% for income over $60,000. By test11145181 August 15, 2022. High tax rates are the biggest risk to this outcome. 07%. The change is per ACT 32 guidelines: Out of State Credits for 2012 through 2017 — May only be applied on the ACT 511 tax rate (normally 1%) levied by your municipality/school district. Sports Betting 36% Fantasy Sports 15% Visit mypath. In The Empire State, all gambling winnings are taxable and subject to a 24% federal tax rate on top of an NY state gambling tax rate, which can range from: 4% for up to $8,500. 37 billion. August 2021 – Pennsylvania reached a total of $348,520,369 in total sports bets through August 2021 as the wagering handle started to increase before the start of. §7303 (a) (7). Have gambling winnings from Indiana (rate is 3. 4 million adults in the U. In addition to online gambling, HB 271 legalizes the following: Video gaming terminals (VGTs) at truck stops;. Slot play accounts for around three-quarters of total online gambling revenue in existing markets. Additionally, gambling taxes are set at the standard federal rate of 24%. 59% compared to revenue generated in November 2021. When did online gambling become legal in Pennsylvania? Legal online gambling in PA has existed since 2017, when the Pennsylvania Gambling Expansion Act was signed into law by Governor Tom Wolf. 2% Needed to gamble with larger amounts of money to get the same feeling of. 75% for retail sportsbooks and 14. 07%. Such high rates might make the legal market non-competitive with the black. Gambling Taxes: You Have to Report All Your Winnings. License applicants are required to pay a one-time fee of $10 million for sports betting in Pennsylvania. Each must pay a licensing fee to operate along with a 54% tax rate on revenue. § 4. Interactive Gaming Revenue FY 2022/2023. Monday – Friday, 8:30 a. The requirements for reporting and withholding depend on: the type of gambling, the amount of the gambling winnings, and. The tax rate for gambling winnings, if reported on Form W2-G, is 24%. These features are important because sports bettors have different styles, preferences, and needs. Katie has covered the legal Pennsylvania gambling industry for Catena Media since 2019. 1 Operated by Parx Casino. Currently, the lowest California state tax on gambling winnings is 1% but it can reach all the way up to 13. PA Gambling Tax. Michigan ranks in the top 10 for all-time dollars bet. But if your income is over $1,077,550, then. 3). Nevada has the lowest rate in the country at just 6. 35 billion in sports betting revenues. However, it’s important to remember that the federal government taxes gambling income at 24% in every state, so you can never fully avoid taxes on those big wins! The tax rate on slots is one of the highest in the nation. 6%. Other states like Arizona, North Dakota, Indiana, and Pennsylvania have relatively low tax rates between 2-4% on casino, sports betting, and other gambling winnings. 07 percent against taxable income, including gambling and lottery winnings. $726 million total bets in September, up around 13%. Rate. What’s the gambling tax rate in Pennsylvania? The Commonwealth of Pennsylvania treats gambling winnings as another form of income. Pennsylvania has a 6. Ohio State Tax Rates on gambling. So, if the winnings are reported through a W-2G Form, federal taxes will be withheld at a rate of 25%. Pa. TAX FORGIVENESS Depending on your income and family size, you may. New York – State tax on gambling winnings. Nevada taxes all gambling at a rate of 6. By Andrew Staub (Staff Writer astaub@citizensvoice. The new regular withholding rate. Subchapter G. The Pennsylvania Lottery will automatically withhold PA personal income tax on prizes greater than $5,000 claimed after July 12, 2016. What’s happening in PA sports betting right now. Email: jcontini@Beginning January 1, 2023, the state of Ohio has legalized sports gambling. Pennsylvania Gaming Control Board Reports Record Tax Revenue Achieved In 2022/2023 Fiscal Year From Legal Gambling. Participation in interactive gaming outside Commonwealth. org or call - 18005224700. PA lawmakers ultimately settled on the very same tax rates brick and mortar casinos in the state are already paying. The withholding rate under Section 3402(q) applicable to prizes of $5,000. 00 percent state sales tax rate, a max local sales tax rate of 2. Legal Sports Report does not promote or endorse any form of wagering or gambling to users under the age of 21. For an employee who lives out-of-state, the “Resident PSD Code” will be 880000, and the “Total Resident EIT Rate” will be 0%. $0 – $11,000. The percentage, which was introduced at 25% when legalized, gets reduced by five points every 12 months until it. 75% and only the lowest earners pay less than 5. Senate Bill: 54% Tax Rate on Online Poker. 4. Gambling income is almost always taxable income which is reported on your tax return as Other Income on Schedule 1 - eFileIT. According to the Internal Revenue Service (IRS), any money you win from gambling or wagering is taxable income, according to the Internal Revenue Service. Online casinos, meanwhile, pay 9. 25 % of the amount wagered, and an annual occupational tax. Pennsylvania’s high tax rates on casinos, and now on sports betting,. The general property tax relief as certified by the budget secretary, has remained consistent at $595 million each year since 2008-09 and is the major distribution from the 34 percent slot machine tax on gross ter-minal revenues. Gaming Tax Bulletin 2015-01 -- Department of Revenue Policy Concerning the Deductibility of Promotional Items for Purposes of Calculating Gaming Taxes. In Year 3, the cap is 15% and drops to 10% in Years 4 and 5. West Virginia state tax on gambling winnings also depends on how much you earn annually. Not all gambling is equal for tax purposes, however. The amounts and rates for 2020 are: $0-$3,000: 2% $3,000-$5,000: $60 + 3% of excess of $3,000Those mandatory reporting thresholds are as follows: Total winnings, or combined bet and profit, of more than $1,200 on a slot machine. Cons. There are various deductions you can make, and exact tax rates will depend on your annual income. West Virginia state tax on gambling winnings also depends on how much you earn annually. Indiana. 8 million in taxes. Up to $1,250 go Caesars Promo Code: PENNFULL. If there are no net winnings, enter a zero here and on Line 8 of the PA-40, Personal Income Tax Return. 07% more in PA Neighboring NJ casinos pay the state just shy of. The Pennsylvania Lottery will automatically withhold PA personal income tax on prizes greater than $5,000 paid after July 12, 2016. Philadelphia, PA 19102 (215) 686-6600 (Taxes) [email protected] billion was collected in taxes by the Commonwealth, compared to $878 million by Indiana. 82%. A 16% tax rate is levied on table games and poker. Online casinos are taxed at the following rates in PA: Table games: 16%; Online poker: 16%; Online slots: 54%;. 5 percent, producing around $87 million in gambling tax revenues for the state. That is the tax rate regardless of whether you live in New Jersey or not as long as the reportable winning took place in New Jersey. 75%, but Pennsylvania’s is 36% and New York sports betting apps pay a 51% tax on sports betting revenues. 5 percent on gaming machine revenue 35 percent on table game revenue. Yass has devised trading strategies that reduce his tax burden but. Miscellaneous Provisions § 13B61. The state law that legalized table games at casinos in 2010 required the tax revenue from those gambling proceeds to be put in the Property Tax Relief Fund if the state’s finances became so. 07% applies to all winnings from land-based establishments and PA online gambling sites. You’ll also have to pay New Jersey income tax on your winnings, which is set at 3%. Josh Shapiro, Governor Pat Browne, Secretary. Feb 05, 2014 Pennsylvania’s bottom line: PA residents with NJ online gambling winnings may claim a partial or full credit against PA tax of the tax paid on those gambling winnings to New Jersey. Written on . C. 50% Arizona gambling tax, federal taxes will be owed to the government as well. The Pennsylvania Race Horse Development and Gaming Act was designed to produce tremendous benefits for Commonwealth citizens through the legalization of casino gaming. HARRISBURG, PA: The Pennsylvania Gaming Control Board today reported that tax revenue generated during the combined Fiscal Year 2022/2023 reached a record level of $2,369,249,258. Sports betting taxes are almost always levied as a percentage of the value of the adjusted. The competitive PA iGaming market, which includes online slots, table games and poker, has been fruitful for state and local entities. $10. The online gambling tax rates were heavily debated in the lead up to the legislation passing. Whether it’s in the lottery or in a casino, they must pay a percentage of their winnings to the federal government. e. The gambling winnings are also considered part of your income, with a flat tax of 3. Arizona Gambling Tax Faqs. 75%, while Delaware and New York tax fantasy contests at a rate of as much as 15. The gaming law restricted the possibility of hosting sports gambling to Pennsylvania’s 12 casinos, any of whom could apply for a “sports wagering certificate” with Pennsylvania’s Gaming Control Board (GCB). 8 million. 2 Operated by Mohegan Sun Pocono. The highest rates are on Rhode Island at 51 percent, whereas in DC and Colorado it falls to 10 percent. 07% income tax rate. Now there are 34 locations, each with just five machines, the maximum allowed in an. You should report your Pennsylvania taxable winnings on PA-40 Schedule T (PDF). On the state level, a flat tax has gone into effect in Arizona in 2023, and the rate is 2. {/HIDESEARCH} HARRISBURG, PA:The Pennsylvania Gaming Control Board reported today that the combined total revenue generated from all forms of gaming along with fantasy contests during November 2022 was $452,357,922, an increase of 4. S. Here is some information about state-specific gambling and lotteries laws. Currently, Pennsylvania’s personal income tax is a flat tax rate of 3. subject to the 3. For the 22% tax rate paid by typical middle-income households, the breakeven win percentage rises to 58. Pennsylvania has a flat tax system and charges a 3. Total adjusted revenue for September 2022 for video gaming terminals (VGTs) was $3,496,670 or 2. Under the hood of Costa’s bill. Unlike sportsbooks, PA online casinos are allowed to partner with unlimited “skins” (online gambling brands), and since all but one casino has purchased a license to offer some form of iGaming (along with outsiders Golden Nugget and MGM), you have plenty. On Wednesday, Pennsylvania State Sen. (for most casino games and slot machines). TAX PROMOTIONAL CREDITS Varies; see regulatory fact sheet. The House approved a wide-ranging gaming expansion that also regulates daily fantasy sports and allows for online poker and gambling. 59% compared to. 58%. New Jersey Sports Betting Tax Revenue. Currently the rate is 3. When you’re filing, simply add gambling winnings as “other income” on Schedule 1 of Form 1040. Nevada has the lowest rate in the country at just 6. Like many states in the US, Pennsylvania operates a self-exclusion policy allowing players to opt out of all promotional gambling material and preventing them from registering with online casinos. Charities may apply for a bingo license. This 54% rate makes Pennsylvania one of the toughest markets for earning casino gaming profits. At tax time, you’ll receive Form W-2G for all reported winnings showing the amount you won and the taxes withheld. $10,159 $9,767. See 72 PA C. Where do taxes collected from Pennsylvania casinos go? For every dollar produced as revenue from slots, 54 cents is returned to Pennsylvanians. See full list on pennstakes. Tax revenue generated from sports wagering during September 2022 was $18,078,109*. This means that all winning, irrespective of source or value, are subject to the rate of 3. Type/Code Summary; State Code Section(s) 58. Corey is a 4-for-4 Philly sports fan and previously worked as. Pennsylvania law mandates that a percentage of gaming revenue be earmarked for the state’s Compulsive and Problem Gambling Treatment Fund. Licensing and regulation are under the jurisdiction of the Pennsylvania Gambling Control Board . com to schedule a consultation with an attorney. The higher your taxable income, the higher your state tax rate. Bettors must be 21 to wager on an event and participants in esports must be at least 18 years old. Pennsylvania currently has a gambling tax rate of 3. Since 2018, states have taken. Is the tax rate different for different lotteries? No. Philadelphia receives wage tax relief in lieu of property tax relief, and Scranton has the option of provid-Racino tax rates, just like casino tax rates, vary widely across the states from as low as 10 percent in Oklahoma to as high as 70 percent in New York (see Appendix Table 10). Anyone aged 21 and over, from that point on, was allowed to place sports bets over the internet or in person at Pennsylvania’s casinos, racetracks, and former racetracks. 5% for between $8,501 and $11,700. Pa Gambling Winnings Tax Rate. What are the Gambling Tax Rates in Kansas? The Kansas Racing and Gaming Commission along with the Kansas Department of Revenue has set tax rates for gambling in Kansas.