All wagers resulting in a win of $600.00 or more with have odds greater than or equal to 300:1 (+3000) 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 will need to contact our Support Team to request the W2G Form. You may contact via Live Chat, Phone or email: support@ny.ballybet.com.
A net win of $5,000 or more with odds equal or greater than 300:1 (+30000) will be subject to a withholding of 24%. Please be aware that we also cannot provide personal tax advice, and whether or not you are subject to tax on your winnings depends on your own individual circumstances.
For further information on gambling winnings and tax, please visit the IRS site here.
