Tax News The Vices of March: Sin Taxes Meet March Madness Read the Article Open Share Drawer Share this: Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to print (Opens in new window) Print Written by Published Mar 1, 2012 - [Updated Jul 23, 2019] 1 min read Whether we’re talking about the Super Bowl, Fantasy Football, or March Madness, we all may have to pay “sin tax” on everything from those “legal” gambling wagers to the kegs of beer consumed while enjoying those sports. With March Madness and St. Patricks Day (one of the biggest holidays for beer consumption) all in the same week, gambling casinos and alcohol companies can expect to generate a hefty amount of tax revenue. Check out our infographic which shows just how much revenue is generated from March Madness and “Sin Taxes”. [intuit_tt_infographic id=9734] [tt_share_code url=”https://blog.turbotax.intuit.com/wp-content/uploads/2012/03/marchmadnesssintax.png” width=”600″ height=”3754″ title=”<marchmadnesssintax>” alt=”marchmadnesssintax”] Previous Post Tax Savings: The President Signed the Payroll Tax Holiday Into… Next Post Tanning Tax: Summer Bummer? Written by More from Comments are closed. Browse Related Articles Savings The $1,000 Head Start: Is Your Child Eligible for the New Savings Account? Tax Deductions and Credits The TL;DR on Tips and Overtime for 2025 Tax Year TurboTax News Expert Assist vs. Expert Full Service: How to Choose the Right TurboTax Expert Service Tax News IRS Furlough Guide: Will Your Refund Be Delayed? Can You Get Help? Tax Tips Extended Tax Deadline: A College Student’s Guide to Filing by October 15 Investments How Automated Investing Can Help Take the Stress Out of Saving Tax Reform Electric Vehicle Credits Are Ending Soon Under the One Big Beautiful Bill. What You Need to Know Tax Reform Navigating Tax Reform: One Big Beautiful Bill Tax Changes Tax Reform See How Tax Changes Impact You with the Tax Reform Calculator Life 5 Ways to Strengthen Your Financial Foundation