Ohio Sports Betting Tax Calculator
Estimate the federal and Ohio state tax owed on your sports betting winnings. Sports betting wins are taxable income in Ohio and at the federal level — the IRS treats gambling winnings as ordinary income.
Calculate Your Tax
Estimates only. Tax owed depends on total household income, deductions, and filing details. Consult a tax professional for personalized advice.
How Sports Betting Taxes Work in Ohio
Federal taxes: The IRS treats all gambling winnings as ordinary income, taxed at your marginal federal rate. Sportsbooks issue Form W-2G if a single win exceeds $600 and is at least 300x the wager, but you owe tax on all winnings regardless of whether a W-2G was issued.
Ohio state taxes: Ohio applies its progressive state income tax to gambling winnings. The top rate is 3.5% for income over $115,300. Most Ohio bettors fall into the 2.75-3.5% range.
Deducting losses: If you itemize your federal return (Schedule A), you can deduct gambling losses up to the amount of your winnings. You cannot deduct losses if you take the standard deduction. Ohio follows the federal treatment.
Record keeping: Keep a log of every wager, win, and loss. Ohio sportsbooks provide annual win/loss statements you can request from the cashier or account settings.