The withholding rate under Section 3402(q) applicable to prizes of $5,000 or more from sweepstakes, wagering pools, some parimutuel pools, jai alai, and lotteries (previously 25%) is now 24% for taxable years beginning after December 31, 2017. Gambling winnings are subject to a 24% federal tax rate. The AGA’s State of the States report shows U. See Pub. Tax revenue generated from sports wagering during April 2021 was $9,466,734*. But every time sportsbooks lose a $1,100 bet, they only lose $1,000. Fast forward to today, and Pennsylvania produces more gambling revenue than any other land-based casino market not named Nevada. 2 Operated by Mohegan Sun Pocono. 75%. It was the second year that Pennsylvania has led nationwide in the amount of tax revenue generated from casino gambling. 4 million adults in the U. Is the tax rate different for different lotteries? No. You are responsible for reporting and paying taxes due on gambling winnings. Tom Wolf signed H 271 into law, enabling Pennsylvanians to enjoy online casino gambling. While discussions on gambling taxation have risen in popularity, the specifics pertaining to horse racing present some interesting wrinkles. Federal tax is levied on cash, and non-cash winnings profited from playing bingo, lottery, gambling on sports, raffles, keno, sweepstakes, slots, and all gambling games. 3). 60 per pack of 20 cigarettes/little cigars ($0. • You may receive a Form W-2G, Certain Gambling Winnings and have federal income taxes withheld from your prize by the gambling establishment if you have qualifying winnings. This means it is possible to play college sports betting, MLB sports betting, and NBA sports betting in the state. {/HIDESEARCH} HARRISBURG, PA:The Pennsylvania Gaming Control Board reported today that the combined total revenue generated from all forms of gaming along with fantasy contests during November 2022 was $452,357,922, an increase of 4. This includes: 54 percent for online slots. Unlike New Jersey’s 14. 65% for online sportsbooks. Online casinos are taxed at the following rates in PA: Table games: 16%; Online poker: 16%; Online slots: 54%;. Pennsylvania’s much-anticipated online casino industry kicked off in July 2019. 18 to 24 on average paid $345 in gambling taxes in 2002-03, compared with $130 paid by each person aged over 70 years (figure 10. You must report all gambling winnings on Form 1040 or Form 1040-SR (use Schedule 1 (Form 1040) PDF ), including winnings that aren't reported on. Anyone who receives winnings from lottery games, racetrack betting or gambling must pay income tax on the prize money. Philadelphia, PA 19102 (215) 686-6600 (Taxes) [email protected] billion was collected in taxes by the Commonwealth, compared to $878 million by Indiana. TAX RATE Casinos are taxed at an effective rate of 46. 59% to 4. Table games revenue for July 2021 was $86,921,038 a 66% increase over July 2020 when table games revenue was $52,512,448. Online slots, for example, are taxed at a rate of 54%, which leaves little margin for operators. This tax rate is the percentage individuals pay after standard deductions, exemptions, etc. Most states have tax rates between 5% to 20%. What Are Virginia Gambling Tax Rates? Gambling winnings are subject to 24% federal tax, which is automatically withheld on winnings that exceed a specific threshold (see next section for exact amounts). 4. WITHHOLDINGS ON WINNINGS 6% when federal withholding laws are. subject to the 3. Sports betting taxes are almost always levied as a percentage of the value of the. For Tax Year 2019: 3. PA Casinos withhold 25% of winnings. License applicants are required to pay a one-time fee of $10 million for sports betting in Pennsylvania. § 13B53. When your winnings reach a substantial amount, the entity paying out the winnings, such as a casino, may withhold a portion for taxes before providing you with your winnings. 25 percent of the handle (total amount wagered). WILL THE PENNSYLVANIA LOTTERY WITHHOLD INCOME TAX ON THE TAXABLE WINNINGS? Yes. Up to $1,250 go Caesars Promo Code: PENNFULL. Launched in 2020, it offers 2,000 slots, nearly 100 table games and more than 30 poker tables. It doesn’t take much – an annual. 07%, PA bettors enjoy the lowest rate of all states with flat gambling tax. 5 percent on gaming machine revenue 35 percent on table game revenue. The winner’s responsibility Pennsylvania has its own income tax rate of 3. Written on . The winner’s responsibilityPennsylvania has its own income tax rate of 3. There has been a change in the taxes to which Out of State Tax credits may be applied to taxes due for Tax Year 2012 and forward. 07% which applies to all taxable income, including gambling and lottery winnings. Caesars has said PA sports betting is not a priority given the state’s 36% effective tax rate. The tax rate for gambling winnings, if reported on Form W2-G, is 24%. Any wins that trigger a W-2G are withheld at a rate of 24%. View all posts by Katie. 4% for income between $10,000 and $25,000. That’s good for an effective tax rate of 12. Include the total winnings from line 6 of Schedule T on your Pennsylvania Income Tax Return PA-40 (PDF), line 8 (“Gambling. The Pennsylvania sports betting tax rate is currently set at 24% for Federal taxes and a flat 3. In addition to the rate of gambling winnings, the tax rate on nonresident composite and withholding obligations would drop by 50% over three years. Newest Updated Feb 22, 2023. 07%. These forms of gambling would become a big source of income for the state coffers. Here are the 2023 rates for single residents or married residents that file separately: Up to $10,099 | 1% ;The state can regulate, and in some instances prohibit, certain activities known as "games of chance" such as casino gaming, dog racing and slot machines. The tax rate on winnings up to and including 10,000 RON is 3% of the. For lottery winnings, the gambling tax for New Jersey is 5% for any win of over $10,000, though it goes up to 8% if you don’t give a valid Tax Identification Number. For noncash gambling, there are two options. 1 online sports betting market. At tax time, you’ll receive Form W-2G for all reported winnings showing the amount you won and the taxes withheld. The lottery is also intended to curb illegal gambling operations that were taking place in PA. § 4. 5 percent, producing around $87 million in gambling tax revenues for the state. Online casinos, meanwhile, pay 9. 07% applies to all winnings from land-based establishments and PA online gambling sites. The change is per ACT 32 guidelines: Out of State Credits for 2012 through 2017 — May only be applied on the ACT 511 tax rate (normally 1%) levied by your municipality/school district. §7303 (a) (7). The highest rates are on Rhode Island at 51 percent, whereas in DC and Colorado it falls to 10 percent. In Pennsylvania, the state gets more than a third of all revenues and a few of the states with lottery-run operations take half of the total profit or more. 1 Operated by Parx Casino. Following testing, the first wave of online casinos went live in July 2019. To use the calculator, you would select your state, indicate your tax filing status, add the amount of the other taxable income outside of gambling, enter the amount you won, and press calculate. Borgata’s games are what sets itself apart from other Pennsylvania online casinos. Total Sportsbook Revenue: $1,387,039,943. The PA gambling tax rate is 3. State taxes are due in the state you won the income and different rules may apply to players from out of state. If there are no net winnings, enter a zero here and on Line 8 of the PA-40, Personal Income Tax Return. Robert Matzie is concerned that’s enough to prove that the exorbitant. The Pennsylvania Lottery will automatically withhold PA personal income tax on prizes greater than $5,000 paid after July 12, 2016. 25% in taxes. 4 million in May revenue. Gambling winnings are fully taxable by the IRS, the State of Ohio, and four cities throughout the state. Stat. Land based casinos tax rate. ), except for those non-cash prizes won from playing the Pennsylvania State. The Pennsylvania Lottery will automatically withhold PA personal income tax on prizes greater than $5,000 paid after July 12, 2016. Chapter 1 - Gaming’s Impact on Tax-Exempt Status 3 Gaming’s Impact on Tax-Exempt Status This chapter explores the impact of gaming on an organization’s tax-exempt status according to the section of the Internal Revenue Code (IRC) under which it is exempt. By law, gambling winners must report all of their winnings on their federal income tax returns. The withholding rate under Section 3402(q) applicable to winnings of $5,000 or more from sweepstakes, wagering pools, certain parimutuel pools, jai alai, and lotteries (formerly 25%) is 24%. HARRISBURG, PA:The Pennsylvania Gaming Control Board reported today that the combined total revenue generated from all forms of gaming along with fantasy. According to the Pennsylvania Gaming Control Board, the lion’s share is used to fund general school property tax. The 10% excise rate may also come into play. Winnings in the following amounts must be reported to the IRS by the payer: $600 or more at a horse track (if that is 300 times your bet) $1,200 or more at a slot machine or bingo game. “You can’t even go to the grocery store for $57,” Kenny said. 07 percent against taxable income of resident and nonresident individuals, estates, trusts, partnerships, S corporations, business trusts and limited liability companies not federally taxed as corporations. Your total tax bill will hinge on your tax bracket, but 24% is the flat rate that will be withheld if a Form W-2G is. e. PA casinos will have to pay a 36% tax on winnings to the state Sports bettors are generally subject to a flat 24% tax but tack on 3. 2021 that would tax skill games. There are seven tax brackets as of 2024. The amount of taxes collected in Pennsylvania is fueled by a 55% tax rate on gross slot. 8 million U. 16 percent for online poker. Pennsylvania’s combined state/local sports wagering tax is 36% for both formats. 07% (state) ⭐ Regulatory body : PA Gaming Control Board :Part-year residents are not subject to PA tax on ordinary interest, dividends, gains, intangible property or gambling and lottery winnings from PA sources while a nonresident. Sports betting taxes are almost always levied as a percentage of the value of the adjusted. The most important of these conditions is that you can’t claim losses that total more than your gains. 1. They also have a flat excise rate of 10%. 54% on slot revenue; 16% on table game revenue; 34% on electronic table games; Pennsylvania iGaming tax rate. MONTHLY INTERACTIVE GAMING REPORT 1 WIND CREEK Interactive SlotsSlot machines and internet gaming comprise about 70% of gaming revenue, followed by table games. The requirements for reporting and withholding depend on: the type of gambling, the amount of the gambling winnings, and. Gaming Tax Background. Box 1660 Philadelphia, PA 19105-1660Strictly speaking, of course, all gambling winnings, no matter how small, are considered income in the US. As far as state Rep. 75%, and therefore, sees far less revenues than New York, Pennsylvania, Illinois and New Jersey. Have gambling winnings from Indiana (rate is 3. Pennsylvania tax on gambling winningsGaming Tax Bulletin 2019-01 -- Department of Revenue Policy Concerning Implementation of New Gaming Initiatives Under Act 42 of 2017. Gambling and lottery winnings is a separate class of income under Pennsylvania personal income tax law. However, retail slots at Pennsylvania casinos are the state’s bread and butter,. The estimated amount, prior to any adjustments by the PA Department of Revenue is $2,052,630,568. 25 percent tax for problem gambling. There are two types of withholding on gambling winnings: (a) regular gambling withholding at 24% (31. Pennsylvania state taxes for gambling. Gambling and lottery winnings is a separate class of income under Pennsylvania personal income tax law. The state includes winnings made from gambling as income and thus applies this income tax to earnings made from sports and casino gambling. Josh Shapiro, Governor Pat Browne, Secretary. 60 per pack of 20 cigarettes or little cigars ($0. The federal tax rate for all kinds of gambling winnings is 24%. This year, the reduction Kenny will see on her tax bill is $57. If you’re a professional gambler, you will need to report your gambling winnings as regular income and you’ll be taxed according to your tax bracket. 2 Operated by Mohegan Sun Pocono. November 2022 December 2022. The Ohio sports betting bill also doesn't allow operators to. Sports Wagering Revenue FY 2022/2023. 1 Operated by Parx Casino. Nevada taxes all gambling at a rate of 6. $10,360. The gambling winnings state taxes anywhere from 1% to 13. 59% to 4. 4. Pennsylvania currently has a gambling tax rate of 3. This does not explicitly state sports betting, but it does cover. reports record gambling revenue of nearly $4 million How ample? An unfinalized draft we saw of the plan suggests a tax rate of 16% similar to table games but much less than the 54% tax on slots. 07 percent against taxable income,. Cigarette tax is an excise tax on the sale or possession of cigarettes and little ci ga rs in Pennsylvania. Let’s look at the different types of gamblers:The Pennsylvania gaming industry is booming. The Pennsylvania Race Horse Development and Gaming Act was designed to produce tremendous benefits for Commonwealth citizens through the legalization of casino gaming. According to the Internal Revenue Service (IRS), any money you win from gambling or wagering is taxable income, according to the Internal Revenue Service. This rate is higher than the online casino tax rates in New Jersey and Michigan, but considerably less than the 54% rate that Pennsylvania applies to slot. The relatively modest 14. 2 Closed July 3-9, 2020 due to Covid-19 restrictions. Double taxation. Within our work, we propose a different tax rate of 20 percent. TAX RATE The state income tax rate for 2022 is 3. This week in PA gaming, we talk onling gambling taxes across the US, the latest on the Wire Act court case, and a sports betting partner for Wind Creek. This is in line with the national trends, where the majority of states have opted for lower rates. Pennsylvania Economic Fact Sheet Economic Impact Oversight & Licensing Taxation Responsible Gaming Other Regulations Sports Betting Commercial Casinos No Tribal. gov to file your return. Check out the all-time Pennsylvania sports betting revenue stats below. These rates apply to sports betting operators, as well as any casino, lottery and pari-mutuel betting establishment. In New Jersey, gambling winnings are subject to federal and state income taxes. 07%. Sponsors have devised a kicker that would - after two years - start to steer revenue from a 42 percent state tax on each VGT’s winnings to the reduction of property tax bills for senior citizens. Withholding. How we rate Pennsylvania online gambling sites. Other states like Illinois, Pennsylvania and Tennessee are new to the business and could drop tax rates in the future. 2022 TAX RETURN FILING DUE DATE To remain consistent with the federal tax due date, the due date for filing 2022 Pennsylvania tax returns will be on or before midnight, Tuesday, April 18, 2023. Thankfully, Pennsylvania makes up for it, with an overall population size of 12 million residents. Rates differ, and tax revenues go to different places. The new system even added two new brackets for those reporting more than $5 million and $25 million in taxable income. Slot revenue for FY 2021/2022 at PA casinos was $2. Apportioning Income (Loss) on PA Schedule NRH. State and local tax rates vary by location. The withholding requirement is in effect for prize payments made after. 75%, but Pennsylvania’s is 36% and New York sports betting apps pay a 51% tax on sports betting revenues. Stat. The benefit is even greater when other taxes and additional employment are factored in. Senator Gene Yaw introduced legislation in Nov. Subchapter G. High taxes and fees pennsylvania Has some of tHe HigHest taxes on land-based casinos in the world, and policymakers have elected to take a similar approach with online gambling. 75%, and gambling winnings are considered income. Between July 21, 1983 and Dec. What are the Gambling Tax Rates in California? California has a graduated income tax. 25%. The first went into service in August 2019. In terms of gambling taxes, all of these games of chances are subject to a flat rate of 24%. PA casinos will have to pay a 36% tax on winnings to the state; Sports. Every time bettors lose a $1,100 bet, they lose $1,100. RTP. gambling tax income outpaces Nevada. There’s a 24% federal tax. As soon as the law passed, there were calls to revisit the tax rates. In Maryland, there is a gambling winnings tax rate of 8. Simply include the amount you won on your state income tax return. Gambling in Pennsylvania includes casino gambling, the Pennsylvania Lottery,. Profits are often subjected to a 24 percent federal gambling tax rate liability, instantly taken on earnings exceeding a certain level. Latest revenue report highlights – September 2023. The Pennsylvania Lottery will automatically withhold PA personal income tax on prizes greater than $5,000 claimed after July 12, 2016. Pennsylvania tax rate: Pennsylvania charges an additional 3. If you didn’t give the payer your tax ID number, the withholding rate is also 24%. Interactive gaming tax. Pennsylvania Gambling Tax Rate. The second rule is that you can’t subtract the cost of gambling from your winnings. In fact, the tax rates average out to be over twice the rate New Jersey currently uses. 62 percent of the tax. Pennsylvania personal income tax is currently levied at the rate of 3. Not all gambling is equal for tax purposes, however. Pennsylvania’s tax system ranks 33rd overall on our 2023 State Business. But it has one of the lowest tax rates in the country at 6. Video Gaming Terminals. Other states like Arizona, North Dakota, Indiana, and Pennsylvania have relatively low tax rates between 2-4% on casino, sports betting, and other gambling winnings. 3% of your winnings. . The tax brackets are progressive, which means portions of your winnings are taxed at different rates. For taxes on lottery winnings, the state has tax brackets based on the total prize amount. A $36 tax would be collected at 69 cents a week for employees paid weekly, or at $3 a month for employees that are paid monthly. The New Rate of Regular Withholding. Pennsylvania is 34 percent, and they put the money towards a "general fund" that is used. The first PA gambling sites, all online casinos, open in July, generating $97,200,855 in tax by the end of the 2020 fiscal. Between July 21, 1983 and Dec. On December 29, 2021, Public Act 168 (PA 168) was signed into law amending the Michigan Income Tax Act (MITA) to create a new individual income tax deduction for wagering losses sustained by casual gamblers. In New York, state tax ranges from a low of 4% to a high of 8. These vary from 0% at the lowest to 8. In Pennsylvania, operators must pay a one-time license fee of $10 million. Currently the rate is 3. Live and file in Illinois (rate is 4. The Council on Compulsive Gambling of Pennsylvania, Inc. 6 billion generated in commercial gaming revenue in 2019 - the fifth-straight year of revenue growth. 13 per stick), or $26 per carton of 10 packs. This betting handle is the third-largest in US history. Information for workers, community groups, and employers about the federal Earned Income Tax Credit (EITC). The Property Tax/Rent Rebate Program is one of five programs supported by the Pennsylvania Lottery. By comparison, sportsbooks in No. 37 billion. On the other end of the spectrum, some states have earned a reputation for imposing higher gambling tax rates. All content herein is intended for audiences aged 21 years and older. The tax rate on slots is one of the highest in the nation. The state imposes a 36% tax on PA sports betting revenue, the highest rate of any competitive commercial market in the US. Tax revenue from the play of slots machines in July 2021 was $113,137,754*. 33 per month for taxpayers paid monthly. Pennsylvania tax on gambling winnings Gaming Tax Bulletin 2019-01 -- Department of Revenue Policy Concerning Implementation of New Gaming Initiatives Under Act 42 of 2017. Past Efforts to Legalize Online Gambling in Pennsylvania Pennsylvania has a very straightforward method of calculating income tax on lottery payouts. ” dvancing to the next status level is now simpler than ever! Be sure to take advantage of Caesars Slots double and triple Status Points. 59% in 2021, you may have to pay taxes. Machines can operate only at approved diesel fuel truck stops. Paul Waggoner, R-Hutchinson. 25% on mobile betting. In Illinois, the initial in-person license is $10 million and the online license is $20 million. Overview. It took a while for the framework and licensing process to be put into place. Below are the applicable 2023 tax rates: Federal excise tax on wagers authorized by the state. See 72 PA C. The maximum standard rebate is $650, but supplemental rebates for qualifying homeowners can boost rebates to $975. gov. You should report your Pennsylvania taxable winnings on PA-40 Schedule T (PDF). 3 million, down 44. Tax requirements for anyone who is paid for work performed in Philadelphia, or for Philadelphia residents receiving unearned income. Taxable Gambling Income. (Act 84 of 2016, changed the taxability of PA lottery winnings. PA gambling tax is 24% on all gambling and an additional 3. Does Pennsylvania Tax Gambling Winnings Gambling Form PA-40 T. See 72 PA C. 7 percent from 2018. 25% federal tax on total amounts wagered. 8 million. That’s the reason for the cannibalization concerns. S. Borgata Casino PA. The gambling winnings are also considered part of your income, with a flat tax of 3. org or call - 18005224700. New Jersey lawmakers set a tax rate of 8. August 2021 – Pennsylvania reached a total of $348,520,369 in total sports bets through August 2021 as the wagering handle started to increase before the start of. 2 Operated by Mohegan Sun Pocono. The casino will also issue you a Form W-2G, the aptly named “Certain Gambling Winnings” form, as a record of both the win and the amount it withheld. Gross revenue from gaming and gambling in. Winning at online casinos in PA is exciting. If you decline a W-9, backup withholding will be withheld at a 28 percent tax rate. e. Effective for taxable years beginning after December 31, 2017, the withholding rate under Section 3402(q. - 2021 tax revenue: $654. 4 billion, about a 28% increase from last year. It also added the 36 percent rate on PA sports betting operators. TAX FORGIVENESS Depending on your income and family size, you may. 1403) • Economic Development Fund: six percent ( Pa. 6. The IRS, and your state or municipality if they assess taxes on your income, consider gambling winnings. Winning more than $5,000 in a poker tournament. West Virginia. The lowest rate is 2%, whereas the highest is just under 6% at 5. That applies to Category 1, 2, and 3 casinos in the state. You'll also pay federal tax in addition to Pennsylvania online gambling taxes. The way gambling winnings are reported varies depending on the type of gambler. Most people are casual gamblers, but some are professionals who get their income from gambling. Depending on which tax bracket you fall into, the Federal tax could be higher than the standard 24%. Mail All Payments With a Payment Coupon To Philadelphia Department of Revenue P. Under the hood of Costa’s bill. But the legislation’s sports betting provisions, in some ways, are the most intriguing part of the puzzle. The 10% tax on sports wagering revenue in the Kansas bill was paltry compared to tax rates on casino sports book betting in New York at 51%, Pennsylvania at 36%, Tennessee and Arkansas at 20% and Maryland at 15%, said Rep. Background : The determination of Michigan. You. New 21% Point Of Consumption Tax For Remote Gambling in 2019. —roughly 20% of the population—are expected to bet $16 billion on the Super Bowl this Sunday, according to an annual survey. The New Rate of Regular Withholding. Virginia has an income tax for its residents that is a hybrid of a flat and graduated tax. 4, 8. All earnings are subject to sports betting taxes. $10. In addition to federal taxes payable to the IRS, Pennsylvania levies a 3. You would have to have an individual income above $100,525, including your winnings, to move into the 24% tax bracket. Philadelphia receives wage tax relief in lieu of property tax relief, and Scranton has the option of provid-Racino tax rates, just like casino tax rates, vary widely across the states from as low as 10 percent in Oklahoma to as high as 70 percent in New York (see Appendix Table 10). PA Sales, Use and Hotel Occupancy Tax: 6 percent: Local Sales Tax: 1 percent for Allegheny County 2 percent for Philadelphia: Cigarette Tax: $2. but there’s still news on the sports betting front in Pennsylvania. 59% compared to revenue generated in November 2021. For. We will continue to provide current. Illinois does not allow a deduction for tax paid to another state for gambling (until 2020) So, I paid BOTH state’s tax on the same income. 2. The gaming tax was first levied in 1991 when casino gambling became legal in the municipalities of Black Hawk, Central City, and Cripple Creek. 0307). For Tax Year 2021: 3. The online vertical of gambling has helped push the state beyond the $5 billion threshold for gaming revenue the past two fiscal years. Pennsylvania casinos are subject to the highest effective tax rate in the country. $3. 75%. The additional amount is because the amount the payer covers in taxes is also taxable income to the winner. § 4. 8712% for Philadelphia residents. 5 percent on lottery winnings between $10,001 and $0. com to schedule a consultation with an attorney. If the sweepstakes prize is worth more than $5,000, the sponsor must withhold 25 percent of the prize value for federal taxes and may have to withhold state taxes as well. § 13B52. Breakdowns of revenue by types of gambling and by operator is. Federal tax on gambling winnings is 24%. PA Gaming Control Board Reports 7. They only cover standard income taxes on profits. If you win $5,000 or more at an Ohio casino, it will withhold 24% of your winnings for federal tax purposes. 07% tax on gambling income. of the PA-40, Personal Income Tax Return. Estates and trusts are entitled to. A comprehensive gambling expansion bill in late 2017 included a provision for sports. The gambling winnings are also considered part of your income, with a flat tax of 3. 36 billion, down 42. Gambling income is almost always taxable income which is reported on your tax return as Other Income on Schedule 1 - eFileIT. All gambling income from any source whatsoever is subject to tax and is a component of AGI. 5% for all filers. New York has the highest tax rate for sportsbooks,. The considerable tax revenue has been collected thanks to Pennsylvania’s high tax rate on operators, which charges every sportsbook 36% of revenues. 405 Chauncey Avenue NW. Pennsylvania’s tax rate for sports betting is one of the highest in the country at a. Gaming Tax Bulletin 2015-01 -- Department of Revenue Policy Concerning the Deductibility of Promotional Items for Purposes of Calculating Gaming Taxes. Where are enough of queries surrounding Pennsylvania taxes and gambling winnings. Charities may apply for a bingo license. Rising tide of PA online gambling. 15% higher than June 2021 when revenue was $3,303,745. Sin taxes accounted for nearly $1. Between July 21, 1983 and Dec. The state imposes a 36% tax on PA sports betting revenue, the highest rate of any competitive commercial market in the US. Subchapter F. Pennsylvania Gaming Control Board Reports Record Tax Revenue Achieved In 2022/2023 Fiscal Year From Legal Gambling - Pennsylvania Gaming. Tax revenue generated from sports wagering during September 2022 was $18,078,109*.