All wagers resulting in a win of $600.00 or more with odds greater than or equal to 300:1 (+30000) must be reported by us to the Internal Revenue Service (IRS).
If you have a win of $600.00 or more with the required odds, you must contact our Support Team to request the W2G Form by emailing: support@ballybet.com.
A net win of $5,000 or more with odds equal to or greater than 300:1 (+30000) will be subject to a withholding of 24%. Please keep in mind that we cannot provide personal tax advice, and whether or not you are subject to tax on your winnings depends on your circumstances.
Please visit the IRS site for further information on gambling winnings and taxes.
