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Georgia Sports Betting Tax Calculator

Georgia taxes gambling winnings as ordinary income at 5.49% flat rate. Sports betting is not yet legalized in Georgia. Residents who gamble in other states or at casinos still owe Georgia income tax on winnings. Sports betting not yet legalized. Multiple legislative attempts have failed.

5.49%
State Tax Rate
No
Sports Betting
Yes
Loss Deduction
0
Sportsbooks

Calculate Your Georgia Sports Betting Tax

2026 rules: 90% loss deduction cap applies (OBBBA)

$

Your salary, wages, and other non-gambling income

$
$

Losses can only be deducted if you itemize deductions

You cannot deduct gambling losses with the standard deduction. Switch to itemized to deduct losses.

Your Take-Home from $10,000 in Winnings
$8,251
Total Tax: $1,749|Effective Rate: 17.5%

Tax Breakdown

Total Income (salary + winnings)$60,000
Standard Deduction-$16,100
Taxable Income$43,900
Federal Tax (12.0% marginal)$1,200
Georgia State Tax$549
Total Tax on Gambling Winnings$1,749
Net Take-Home$8,251

W-2G Form: Likely Required

Your total winnings of $10,000 exceed the $2,000 W-2G threshold for 2026. Individual wins that also meet the 300:1 odds requirement may trigger a W-2G form. Use our W-2G Checker for precise results.

Federal Withholding

$2,400 (24%) would be withheld at the time of payout. You may be due a refund of $1,200.

Georgia Gambling Tax Key Facts

  • ✓State income tax: 5.49% flat rate
  • ✓Sports betting: not yet legalized
  • ✓Gambling loss deductions ARE allowed (must itemize)
  • ✓Transitioning to 5.49% flat tax rate

How Sports Betting Taxes Work in Georgia

Georgia taxes gambling winnings as ordinary income at a flat 5.49% rate. Your gambling winnings are added to all other income and taxed accordingly.

Georgia allows gambling loss deductions following federal rules. Under the 2026 OBBBA, losses are deductible at 90% (capped at the amount of winnings) when itemizing deductions.

Georgia Allows Gambling Loss Deductions

Georgia follows federal rules for gambling loss deductions. The 2026 OBBBA 90% cap applies when itemizing.

Georgia Tax Example

A single filer in Georgia earning $60,000 with $10,000 in sports betting winnings and no losses

Salary Income$60,000
Gambling Winnings$10,000
Federal Tax on Winnings$2,200 (at the 22% marginal bracket)
Georgia State Tax$549 (5.49% flat rate)
Total Tax$2,749 combined federal + state
Net Take-Home$7,251 from $10,000 in winnings

How Georgia Compares to Neighboring States

FloridaCompare Georgia gambling tax rates with Florida
TennesseeCompare Georgia gambling tax rates with Tennessee
North CarolinaCompare Georgia gambling tax rates with North Carolina

Recent Georgia Gambling Tax Changes

Sports betting not yet legalized. Multiple legislative attempts have failed.

Georgia Sports Betting Tax FAQ

How much tax do I pay on sports betting winnings in Georgia?

Georgia taxes gambling winnings at 5.49% flat rate on top of federal tax (10-37%). Your total combined tax rate depends on your income level and filing status.

Is sports betting legal in Georgia?

Sports betting is not currently legal in Georgia. However, residents who gamble in other states or at legal casinos still must report and pay taxes on their winnings.

Can I deduct gambling losses in Georgia?

Yes, Georgia allows gambling loss deductions following federal rules. You must itemize deductions, and losses are limited to the amount of your winnings. The 2026 OBBBA 90% cap applies.

Georgia Tax Authority

For official tax guidance specific to Georgia, contact the state tax authority:

https://dor.georgia.gov/↗

Calculate Your Georgia Sports Betting Taxes

Use our free calculator above to see exactly what you owe in Georgia.

Full Tax Calculator