Sportsbook Taxes · Updated August 2026
ESPN BET Tax Forms: W-2G at $600, Posted by January 31
ESPN BET posts your tax forms by January 31 in Account → Tax Documents. A W-2G is issued when a single sportsbook wager wins $600 or more at 300:1 odds (slots $2,000, keno $1,500 net, poker $5,000 net). Promotional and referral income of $600+ in a year gets a 1099-MISC. Yes — ESPN BET (PENN Entertainment) files both with the IRS.
ESPN BET reporting thresholds
| Product | Threshold | Form |
|---|---|---|
| Sportsbook single wager | $600+ at 300:1 odds | W-2G |
| Slots | $2,000+ | W-2G |
| Poker tournament | $5,000+ net | W-2G |
| Promos / referrals | $600+ per year | 1099-MISC |
How to download your ESPN BET tax form
- Log in to espnbet.com from a desktop browser.
- Open Account → Tax Documents.
- Select the tax year and download the W-2G and 1099-MISC PDFs.
- Reconcile totals against your own session log before filing.
Missing form? Because ESPN BET is powered by PENN Entertainment, some accounts see forms issued under the Hollywood / theScore brand — check any prior PENN accounts before contacting support.
Reporting ESPN BET winnings
- Report all winnings on Schedule 1, Line 8b of Form 1040.
- Deduct losses on Schedule A — capped at 90% of winnings starting tax year 2026.
- Keep the PDF, bank statements, and a contemporaneous session log for 3+ years.
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Start free 7-day trialFull 2026 W-2G threshold reference
Every threshold in one sourced table — sportsbook $600 at 300:1, slots & bingo $2,000 (up from $1,200 on Jan 1, 2026), keno $1,500 net, poker $5,000 net — plus when 24% federal tax is withheld.