Biggest Sports Betting Wins — Tuesday, March 31, 2026
3 notable wins | Total payouts: $44,840 | Total taxes: $13,095
$44,840
Total Payouts
$13,095
Total Taxes
29.2%
Avg Tax Rate
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NBA5-Leg Parlay
$36,800
from $100 wager
5-leg parlay on Knicks vs Heat — $100 turned into $36,800
Source: RedditTax Breakdown (VA)
Net Profit
$36,700
Federal Tax (24%)
-$8,808
State Tax
-$2,110
Take-Home
$25,782
OBBBA Note: If this bettor had $36,700 in losses elsewhere, they'd still owe $881 in 'phantom income' tax under 2026 OBBBA rules.
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UFC11-Leg Parlay
$7,040
from $10 wager
11-leg parlay on Main Card Fight 1 — $10 turned into $7,040
Source: RedditTax Breakdown (Massachusetts)
Net Profit
$7,030
Federal Tax (24%)
-$1,687
State Tax
-$352
Take-Home
$4,991
OBBBA Note: If this bettor had $7,030 in losses elsewhere, they'd still owe $169 in 'phantom income' tax under 2026 OBBBA rules.
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March MadnessStraight Bet
$1,000
from $500 wager
moneyline bet on Final Four — $500 turned into $1,000
Source: X/TwitterTax Breakdown (Ohio)
Net Profit
$500
Federal Tax (24%)
-$120
State Tax
-$18
Take-Home
$362