Tax Tips How Much Does the Government Make Off of Gambling? 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 Sep 9, 2010 - [Updated Sep 7, 2017] 0 min read In the fourth installment of our “Sin Tax” series, we explore the financial implications of gambling on Uncle Sam’s bottom line. It’s no secret that the government makes some income from gambling. But, many would be surprised to find that total gaming brings in nearly $100 billion in tax revenue each year. From legal bookmaking to card rooms, the graphic below illustrates where the money comes from. We also take a look at the various tax rates across the U.S., by state and by type of establishment. Previous Post The Tax Implications of Divorce Next Post Don't Forget to Pay Your Estimated Taxes Written by More from Comments are closed. Browse Related Articles Income and Investments 3 Tax Reasons for Why You Should Think Twice Before Betting on the Big Game Tax News The Vices of March: Sin Taxes Meet March Madness Self-Employed How to Avoid Penalties for Underpayment of Taxes Tax Planning How Your Lottery Winnings Are Taxed Tax News How Will You Be Taxed If You Win the Powerball Jackpot? Income and Investments Gambling Winnings Tax (How Much You Will Pay For Winning?) Income and Investments Does March Madness Boost Employee Morale and Productivity [Infographic]? Tax Planning Still Have Tax Debt? The IRS Fresh Start Initiative May Help Tax Planning TurboTax Launches the TurboTax Unemployment Center Tax Planning Unable to Pay Your Tax Bill? Here’s What To Do