Biggest Sports Betting Wins — Thursday, June 4, 2026
3 notable wins | Total payouts: $13,450 | Total taxes: $4,051
$13,450
Total Payouts
$4,051
Total Taxes
30.1%
Avg Tax Rate
🥇
UFC4-Leg SGP
$9,000
from $25 wager
4-leg SGP on Main Event — $25 turned into $9,000
Source: RedditTax Breakdown (New York)
Net Profit
$8,975
Federal Tax (24%)
-$2,154
State Tax
-$615
Take-Home
$6,206
OBBBA Note: If this bettor had $8,975 in losses elsewhere, they'd still owe $215 in 'phantom income' tax under 2026 OBBBA rules.
🥈
NBA14-Leg Parlay
$4,150
from $5 wager
14-leg parlay on Lakers vs Celtics — $5 turned into $4,150
Source: RedditTax Breakdown (Massachusetts)
Net Profit
$4,145
Federal Tax (24%)
-$995
State Tax
-$207
Take-Home
$2,943
🥉
March MadnessFutures
$300
from $15 wager
futures bet on Championship Game — $15 turned into $300
Source: X/TwitterTax Breakdown (Michigan)
Net Profit
$285
Federal Tax (24%)
-$68
State Tax
-$12
Take-Home
$205