Biggest Sports Betting Wins — Thursday, July 2, 2026
4 notable wins | Total payouts: $53,440 | Total taxes: $15,487
$53,440
Total Payouts
$15,487
Total Taxes
29.0%
Avg Tax Rate
🥇
March Madness13-Leg Parlay
$29,950
from $50 wager
13-leg parlay on Sweet 16 Game 1 — $50 turned into $29,950
Source: RedditTax Breakdown (Colorado)
Net Profit
$29,900
Federal Tax (24%)
-$7,176
State Tax
-$1,316
Take-Home
$21,408
OBBBA Note: If this bettor had $29,900 in losses elsewhere, they'd still owe $718 in 'phantom income' tax under 2026 OBBBA rules.
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UFCFutures
$20,000
from $200 wager
futures bet on Prelim Headliner — $200 turned into $20,000
Source: X/TwitterTax Breakdown (New Jersey)
Net Profit
$19,800
Federal Tax (24%)
-$4,752
State Tax
-$1,261
Take-Home
$13,787
OBBBA Note: If this bettor had $19,800 in losses elsewhere, they'd still owe $475 in 'phantom income' tax under 2026 OBBBA rules.
🥉
MLB8-Leg Parlay
$3,330
from $10 wager
8-leg parlay on Braves vs Mets — $10 turned into $3,330
Source: RedditTax Breakdown (Michigan)
Net Profit
$3,320
Federal Tax (24%)
-$797
State Tax
-$141
Take-Home
$2,382
#4
NBAStraight Bet
$160
from $20 wager
moneyline bet on Bucks vs 76ers — $20 turned into $160
Source: X/TwitterTax Breakdown (New York)
Net Profit
$140
Federal Tax (24%)
-$34
State Tax
-$10
Take-Home
$96