Tax News The Vices of March: Sin Taxes Meet March Madness Read the Article Open Share Drawer Share this: Share on Facebook (Opens in new window) Facebook Share on X (Opens in new window) X Share on LinkedIn (Opens in new window) LinkedIn Share on Pinterest (Opens in new window) Pinterest 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? Your refund is waiting Get started Written by More from Browse Related Articles Income and Investments Does March Madness Boost Employee Morale and Productivity [Infographic]? Tax Tips March Madness Tax Tips: How Student-Athletes Can Score Big with NIL Deals and Deductions Income and Investments How Your College & Pro Sports Bets Affect Your Taxes Tax News A Century of Income Taxes: The History of Tax Day [Infographic] Tax Planning 4 Ways Filing Your Taxes Early Can Pay Off Big [Infographic] Tax Refunds 4 Smart Ways to Spend Your Tax Refund [Infographic] Health Care The Affordable Care Act Timeline for Individuals and Families [Infographic] TurboTax News America’s Obsession with Fantasy Football [Infographic] Tax Tips How Much Does the Government Make Off of Gambling? Tax News The Legal State of Marijuana [Interactive]