FANTASY & BETTING · KINJAFantasy & Betting· Cover№ 327
Illinois Sports Betting Taxes in 2026: A Break-Even Year Can Cost You $2,945
The state takes 4.95 percent of your winnings and refuses to hear about your losses. Washington now caps loss deductions at 90 percent. And every single bet carries a 50-cent toll. Break even on paper, and the bill still comes.
