Table games winnings tax in Vermont
Vermont taxes table game winnings as ordinary income at graduated rates from 3.35% to 8.75%.
Updated · 2026 tax rules · How we calculate
You keep
$4,146
Cash at payout
$5,000
Total tax
$854
Due when you file
$854
- Form W-2G
- No
- Federal withholding at payout
- $0
- Federal tax on the winnings
- $600
- State tax
- $254
- Still to pay when you file
- $854
- You keep
- $4,146
Table games winnings are not reported on a W-2G. They are still taxable, and you report them yourself.
Table games winnings aren't subject to regular federal withholding, whatever the amount. Tax is still owed when you file.
Winnings are ordinary income stacked on your other $60,000. Your top dollar lands in the 12% bracket.
Vermont taxes gambling winnings as ordinary income.
Tax owed ($854) minus what was withheld ($0). Set this aside. A large balance can also mean an underpayment penalty unless you make an estimated payment.
$5,000 minus $854 in federal and state tax: an effective rate of 17.1%.
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.
The rules
- Vermont tax
- Vermont taxes table game winnings as ordinary income at graduated rates from 3.35% to 8.75%.[1]Unverified
- Federal tax form
- Casinos generally don't issue a W-2G for blackjack, craps, roulette or baccarat winnings. They are still fully taxable, and you report them yourself.[2]Unverified
- Federal withholding
- Table game winnings aren't subject to regular gambling withholding in practice.[2]Unverified
- Vermont withholding
- No Vermont withholding requirement for table game winnings. Tax is due when you file.[3]Unverified
- Gambling losses
- No. Vermont starts at federal AGI and allows only its own standard deduction, so gambling losses you itemize federally don't carry over.[5]Unverified
- Visitors
- Vermont taxes nonresidents on table game winnings won there, so visitors may need to file a nonresident return.[6]
- Where to play
- Vermont has no casinos. Winnings from a casino trip to another state are still taxable here.[7]Unverified
What you keep at different amounts
For a single filer with $60,000 of other income and no gambling losses, living and winning in Vermont.
| Won | Form | Withheld | Federal tax | State tax | You keep |
|---|---|---|---|---|---|
| $1,500 | No | $0 | $180 | $50 | $1,270 |
| $2,000 | No | $0 | $240 | $67 | $1,693 |
| $5,000 | No | $0 | $600 | $254 | $4,146 |
| $10,000 | No | $0 | $1,550 | $584 | $7,866 |
| $100,000 | No | $0 | $22,114 | $6,797 | $71,089 |
Questions
- How much is Vermont tax on table game winnings?
- Vermont taxes table game winnings as ordinary income at graduated rates from 3.35% to 8.75%.[1]Unverified
- Does Vermont withhold tax from table game winnings?
- Vermont has no withholding requirement for table game winnings. Tax is due when you file.[3]Unverified
- Do visitors pay Vermont tax on table game winnings?
- Vermont taxes nonresidents on table game winnings won there, so visitors may need to file a nonresident return.[6]
More for Vermont
All of Vermont's gambling tax rules · Table games in every state
Sources
- [1] Tax Foundation, State Individual Income Tax Rates and Brackets, 2026 · checked September 22, 2026
- [2] IRS, Instructions for Forms W-2G and 5754 (01/2026) · checked September 22, 2026
- [3] Vermont Lottery, What If I Win · checked September 22, 2026
- [4] 32 V.S.A. § 5841 · checked September 22, 2026
- [5] Vermont 2025 Form IN-111 Instructions · checked September 22, 2026
- [6] 32 V.S.A. § 5823 · checked September 22, 2026
- [7] Vermont Act 63 of 2023 (sports wagering), as enacted · checked September 22, 2026