Georgia gambling winnings tax calculator
Georgia taxes gambling winnings as ordinary income at a flat 4.99%.
Updated · 2026 tax rules · How we calculate
You keep
$7,951
Cash at payout
$7,600
Total tax
$2,049
Over-withheld
$351
- Form W-2G
- Yes
- Federal withholding at payout
- $2,400
- Federal tax on the winnings
- $1,550
- State tax
- $499
- Over-withheld
- $351
- You keep
- $7,951
$10,000 is at or above the $2,000 reporting threshold, so the payer files a W-2G with the IRS and gives you a copy.
The payer holds back 24% of winnings over $5,000 and sends it to the IRS. It's a prepayment, not the final tax.
Winnings are ordinary income stacked on your other $60,000. Your top dollar lands in the 22% bracket.
Georgia taxes gambling winnings as ordinary income.
More was withheld than these winnings add to your tax. The difference reduces what you owe on the rest of your return, or comes back as a refund.
$10,000 minus $2,049 in federal and state tax: an effective rate of 20.5%.
An estimate for 2026, not tax advice. It treats this win as your only gambling income for the year and leaves out local income taxes. Nothing you enter leaves your browser.
How Georgia taxes gambling winnings
- State income tax
- Georgia taxes gambling winnings as ordinary income at a flat 4.99%.[1]Unverified
- Gambling losses
- You can deduct gambling losses only if you itemize. Georgia takes itemized deductions from federal Schedule A, and you must itemize for Georgia if you itemize federally.[2]Unverified
- Withholding
- The Georgia Lottery withholds Georgia tax at the top rate (4.99% for 2026) from prizes over $5,000, for residents and nonresidents. Georgia has no casinos or legal sportsbooks, so no other payer withholds.[3]Unverified
- Nonresidents
- Nonresidents owe Georgia tax on Georgia-source winnings, which in practice means Georgia Lottery prizes, and must file if they're required to file federally.[4]
- Tax paid to other states
- Georgia gives residents a credit for tax paid to other states, including Mississippi casino withholding shown on a W-2G. The credit is reduced if you deducted gambling losses on Schedule A.[5]
- Legal gambling
- Sports betting: not legal. State lottery: yes. Casinos: no. Online casino: not legal.[6]
Also worth knowing
- Mississippi bars nonresidents from filing for casino winnings, so Georgia lets you claim the other-state credit for Mississippi withholding by attaching the W-2G (Policy Statement IT-2003-03-28-1).[5]
Examples by game
For a single filer with $60,000 of other income and no gambling losses, living and winning in Georgia.
| Game | Won | Withheld | Federal tax | State tax | You keep |
|---|---|---|---|---|---|
| Sports betting | $10,000 | $2,400 | $1,550 | $499 | $7,951 |
| Casino and slots | $5,000 | $0 | $600 | $250 | $4,151 |
| Table games | $5,000 | $0 | $600 | $250 | $4,151 |
| Poker tournaments | $20,000 | $0 | $3,750 | $998 | $15,252 |
| Lottery | $50,000 | $14,495 | $10,350 | $2,495 | $37,155 |
| Daily fantasy sports | $5,000 | $0 | $600 | $250 | $4,151 |
| Horse racing | $8,000 | $1,920 | $1,110 | $399 | $6,491 |
Questions
- Does Georgia tax gambling winnings?
- Yes, at a flat 4.99%.[1]Unverified
- Can you deduct gambling losses in Georgia?
- You can deduct gambling losses only if you itemize. Georgia takes itemized deductions from federal Schedule A, and you must itemize for Georgia if you itemize federally.[2]Unverified
- Does Georgia withhold tax from gambling winnings?
- The Georgia Lottery withholds Georgia tax at the top rate (4.99% for 2026) from prizes over $5,000, for residents and nonresidents. Georgia has no casinos or legal sportsbooks, so no other payer withholds.[3]Unverified
- Do nonresidents pay Georgia tax on gambling winnings?
- Nonresidents owe Georgia tax on Georgia-source winnings, which in practice means Georgia Lottery prizes, and must file if they're required to file federally.[4]
Georgia by game
Sources
- [1] Office of the Governor of Georgia, Gov. Kemp signs legislation lowering taxes (May 11, 2026) · checked September 22, 2026
- [2] Georgia DOR 2025 IT-511 Individual Income Tax Booklet · checked September 22, 2026
- [3] Ga. Comp. R. & Regs. 560-7-8-.39 Withholding on proceeds paid by the Georgia Lottery Corporation (LII) · checked September 22, 2026
- [4] Georgia DOR: Filing Residents, Nonresidents, and Part-Year Residents FAQ · checked September 22, 2026
- [5] Georgia DOR Policy Statement IT-2003-03-28-1 (Mississippi gaming winnings) · checked September 22, 2026
- [6] Covers, Legal sports betting in the US · checked September 22, 2026