Missouri Sports Betting Tax Calculator
Missouri taxes gambling winnings as ordinary income at graduated brackets (varies by income). Sports betting is legal (online and retail) in Missouri with operators including FanDuel, DraftKings, BetMGM. Missouri legalized sports betting via ballot measure in 2024. Launched December 2025.
Calculate Your Missouri 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.
Tax Breakdown
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.
Missouri Gambling Tax Key Facts
- ✓State income tax: graduated brackets (varies by income)
- ✓Sports betting: legal (online and retail)
- ✓Available sportsbooks: FanDuel, DraftKings, BetMGM, Caesars
- ✓Gambling loss deductions ARE allowed (must itemize)
- ✓Top rate of 4.8%
How Sports Betting Taxes Work in Missouri
Missouri taxes gambling winnings as ordinary income through graduated tax brackets. Your gambling winnings are added to all other income and taxed accordingly.
Missouri 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.
Missouri Allows Gambling Loss Deductions
Missouri follows federal rules for gambling loss deductions. The 2026 OBBBA 90% cap applies when itemizing.
Missouri Tax Example
A single filer in Missouri earning $60,000 with $10,000 in sports betting winnings and no losses
Licensed Sportsbooks in Missouri
You must be physically located within Missouri to place bets on these platforms.
How Missouri Compares to Neighboring States
Recent Missouri Gambling Tax Changes
Missouri legalized sports betting via ballot measure in 2024. Launched December 2025.
Missouri Sports Betting Tax FAQ
How much tax do I pay on sports betting winnings in Missouri?
Missouri taxes gambling winnings at graduated brackets (varies by income) 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 Missouri?
Yes, sports betting is legal (online and retail) in Missouri. Licensed operators include FanDuel, DraftKings, BetMGM, Caesars. You must be physically located within Missouri borders to place bets.
Can I deduct gambling losses in Missouri?
Yes, Missouri 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.
Missouri Tax Authority
For official tax guidance specific to Missouri, contact the state tax authority:
https://dor.mo.gov/↗Calculate Your Missouri Sports Betting Taxes
Use our free calculator above to see exactly what you owe in Missouri.
Full Tax Calculator