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Any of you dudes know how big wins on DraftKings are taxed, do you wait until they send tax info during tax season or can you have it taxed before cashing out. Also looking to pay the IRS as little as possible any advice would be appreciated thanks!

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32 minutes ago, crick1295 said:

Any of you dudes know how big wins on DraftKings are taxed, do you wait until they send tax info during tax season or can you have it taxed before cashing out. Also looking to pay the IRS as little as possible any advice would be appreciated thanks!

Have to electronically sign a W-2G when you withdraw over the threshold for taxable winnings, typically taxed at 24% rate but not withheld by DraftKings. But depending on other factors may be different in your case. Save receipts on any gambling loses, ect to try and reduce the winnings via itemized deduction if possible. Congrats on winnings 

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Posted (edited)

MLB

 

Orioles  +150

Yankees  -168

Reds  +140

Twins  -133

Mets  -125

Brewers  +130

Phillies  +135

Mariners  +110

Whitesox  -143

Astros -135

Dodgers  -165

A’s  -121

Padres  -133

 

NHL

 

Redwings  +125

Stars  +140

Capitals  -160

Wild  -1.5   -110

Blues +170

avalanche  -1.5   -105

Coyotes  PK

 


100 each max.   Regs quote Vic to book.  

Edited by Poach99
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Pelicans/76ers under

Celtics

over

Rockets/Bucks over

Heat

over

Cavs/Mavs under

Knicks/Suns under

Jazz

under

Spurs/Kings under

Blazers

over

 

Brewers/Marlins under

Diamondbacks

under

Phillies

under

Rockies

Padres/Giants over

Orioles

under

Twins

Rangers

under

Royals

under

Astros

under

Rays

under

Yankees

under

Indians

under

Dodgers

under

 

Red Wings

under

Flyers

over

Stars

Wild -1.5

under

Knights

under

Avalanche -1.5

under

Sharks

under

 

100 each per person. qtb

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1 minute ago, truesyalose said:

 

Brewers/Marlins under 6.5 +105

Diamondbacks under 7

Phillies +135

Rockies +200

Orioles under 8.5 +105

Rays +121

under 7.5 -105

Yankees under 8.5 +105

Indians -140

under 8 +105

 

100 each per person. qtb


100

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Looking for...

 

NBA

Pels/76ers under

Jazz

Under

Lakers

 

MLB

Detroit

Yankees

KC

Milwaukee

Under

Houston/Toronto under 

Angels/Dodgers under

San Fran

TB

Under

 

NHL

Philly/Washington under

LA/Colorado under

Blues/Knights under

SJ/Arizona under

 

Yqiab for up to 200. Auto closes when 200 is hit on each.

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PGA RD3

 

Vegas -115 Moore (11:00 est)

Bradley -130 Stanley (11:10)

Conners -160 Knox (11:20)

Davis -115 Taylor (11:30)

Harman -135 Gooch (11:50)

Reed -135 Cink (12:35)

Mickelson +155 Watson (12:55)

Mitchell +145 Ortiz (1:15)

 

 

100 each max.  Regs qtb.  I must quote any overs or no bet.

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