Biggest Sports Betting Wins — Saturday, July 4, 2026
3 notable wins | Total payouts: $28,760 | Total taxes: $7,595
$28,760
Total Payouts
$7,595
Total Taxes
26.4%
Avg Tax Rate
🥇
NHL6-Leg Parlay
$24,700
from $50 wager
6-leg parlay on Kraken vs Canucks — $50 turned into $24,700
Source: X/TwitterTax Breakdown (Pennsylvania)
Net Profit
$24,650
Federal Tax (24%)
-$5,916
State Tax
-$757
Take-Home
$17,977
OBBBA Note: If this bettor had $24,650 in losses elsewhere, they'd still owe $592 in 'phantom income' tax under 2026 OBBBA rules.
🥈
NFL5-Leg SGP
$2,260
from $20 wager
5-leg SGP on Eagles vs Cowboys — $20 turned into $2,260
Source: RedditTax Breakdown (Nevada)
Net Profit
$2,240
Federal Tax (24%)
-$538
State Tax (no tax)
$0
Take-Home
$1,702
🥉
MLBStraight Bet
$1,800
from $200 wager
moneyline bet on Cubs vs Cardinals — $200 turned into $1,800
Source: RedditTax Breakdown (Florida)
Net Profit
$1,600
Federal Tax (24%)
-$384
State Tax (no tax)
$0
Take-Home
$1,216