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Certain Gambling Winnings - Form W-2G

Form W-2G is the tax form for gambling winnings and the federal income tax withheld on these winnings. You must provide a Form W-2G if

  • You receive more than $1,200 in winnings from bingo or slot machines
  • You receive more than $1,500 in proceeds (winnings minus the wager) from keno
  • You receive more than $5,000 in winnings (minus the wager) from poker
  • You receive more than $600 in other winnings provided the payout is at least 300 times the wager
  • You receive more than $600 in winnings from a sweepstakes, wagering pool, or lottery.
  • You pay out more than $600 in gambling winnings more than 300 times the wager for horse racing, dog racing, jai alai, or other wagering transaction.


  • Note that gambling losses can be deducted provided you don’t deduct more than your winnings.