Ohio Sports Betting Tax Calculator
Ohio taxes gambling winnings as ordinary income at graduated brackets (varies by income). Sports betting is legal (online and retail) in Ohio with operators including FanDuel, DraftKings, BetMGM. Ohio launched sports betting January 2023. Large market with many operators. Municipal income taxes add to the burden.
Calculate Your Ohio 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.
Ohio Gambling Tax Key Facts
- ✓State income tax: graduated brackets (varies by income)
- ✓Sports betting: legal (online and retail)
- ✓Available sportsbooks: FanDuel, DraftKings, BetMGM, Caesars, BetRivers, Hard Rock, Fanatics
- ✓Gambling loss deductions ARE allowed (must itemize)
- ✓First $26,050 is tax-free
- ✓Municipal income taxes apply (typically 1-3%)
How Sports Betting Taxes Work in Ohio
Ohio taxes gambling winnings as ordinary income through graduated tax brackets. Your gambling winnings are added to all other income and taxed accordingly.
Ohio 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.
Ohio Allows Gambling Loss Deductions
Ohio follows federal rules for gambling loss deductions. The 2026 OBBBA 90% cap applies when itemizing.
Ohio Tax Example
A single filer in Ohio earning $60,000 with $10,000 in sports betting winnings and no losses
Licensed Sportsbooks in Ohio
You must be physically located within Ohio to place bets on these platforms.
Recent Ohio Gambling Tax Changes
Ohio launched sports betting January 2023. Large market with many operators. Municipal income taxes add to the burden.
Ohio Sports Betting Tax FAQ
How much tax do I pay on sports betting winnings in Ohio?
Ohio 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 Ohio?
Yes, sports betting is legal (online and retail) in Ohio. Licensed operators include FanDuel, DraftKings, BetMGM, Caesars, BetRivers, Hard Rock, Fanatics. You must be physically located within Ohio borders to place bets.
Can I deduct gambling losses in Ohio?
Yes, Ohio 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.
Ohio Tax Authority
For official tax guidance specific to Ohio, contact the state tax authority:
https://tax.ohio.gov/↗Calculate Your Ohio Sports Betting Taxes
Use our free calculator above to see exactly what you owe in Ohio.
Full Tax Calculator