Do you have to pay taxes on fantasy football winnings?

Let’s face it: The last thing you’re thinking about when you sign up for a fantasy league each year is Uncle Sam.

But he’s thinking about you.

It’s especially important to take taxes into consideration when you’re playing for cash through a legitimate fantasy sports provider. In fact, if you win more than $600 and are playing through an established company, you’ve probably already been asked for your Social Security number and will probably receive a 1099 form that states your winnings. Which means they’ve already told the feds about your windfall.

Technically, though, these rules apply even if they’re from an informal betting pool at work. Not that anyone ever has an informal betting pool at work.

Anyhow, check out this infographic from our friends at TurboTax and make sure you don’t run afoul of the law. Of course, if you have to pay taxes, that means you won. And that’s something, isn’t it?

fantasy football


  1. Love the website– very easy to navigate and lots to consider!

  2. I don’t even know how I ended up right here, however I believed this publish used to be good.
    I do not realize who you’re but definitely you are going to a well-known blogger when you aren’t already.

  3. 9/8/2016 I’m pleased with the way that covers this sort of subject matter! Generally on point, often polemic, without fail thoughtful and more often than not quite thought-provoking.

  4. It’s a shame you don’t have a donate button! I’d without a doubt donate to this
    brilliant blog! I suppose for now i’ll settle
    for bookmarking and adding your RSS feed to my
    Google account. I look forward to new updates and will share
    this website with my Facebook group. Chat soon!

  5. Way cool! Some extremely valid points! I appreciate you
    penning this article and the rest of the website is very

  6. 9/10/2016 @ 19:32:48 Appreciate– very user-friendly and tons of stuff to think about!

  7. 9/13/2016 I’m gratified with the way that deals with this sort of subject matter! Generally to the point, often contentious, consistently thoughtful and thought-provoking.

  8. hello there and thank you for your info – I have
    definitely picked up anything new from right here.
    I did however expertise some technical issues using this website, since I experienced to reload the web site lots of
    times previous to I could get it to load correctly. I had been wondering if your
    hosting is OK? Not that I’m complaining, but sluggish loading instances times will often affect your placement in google and could
    damage your high-quality score if advertising and marketing with Adwords.
    Well I’m adding this RSS to my email and
    could look out for a lot more of your respective fascinating content.
    Make sure you update this again soon.

  9. 9/15/2016 does it again! Very thoughtful site and a well-written post. Keep up the good work!

  10. Solid, well-researched content. I just now passed this on 9/15/2016 to a classmate who’s been doing a little research of her own on this topic. To say thank you, he just bought me a drink! So, I should probably say: Cheers for the drink!

  11. Hello Web Admin, I noticed that your On-Page SEO is is missing a few factors, for one you do not use all three H tags in your post, also I notice that you are not using bold or italics properly in your SEO optimization. On-Page SEO means more now than ever since the new Google update: Panda. No longer are backlinks and simply pinging or sending out a RSS feed the key to getting Google PageRank or Alexa Rankings, You now NEED On-Page SEO. So what is good On-Page SEO?First your keyword must appear in the title.Then it must appear in the URL.You have to optimize your keyword and make sure that it has a nice keyword density of 3-5% in your article with relevant LSI (Latent Semantic Indexing). Then you should spread all H1,H2,H3 tags in your article.Your Keyword should appear in your first paragraph and in the last sentence of the page. You should have relevant usage of Bold and italics of your keyword.There should be one internal link to a page on your blog and you should have one image with an alt tag that has your keyword….wait there’s even more Now what if i told you there was a simple WordPress plugin that does all the On-Page SEO, and automatically for you? That’s right AUTOMATICALLY, just watch this 4minute video for more information at. Seo Plugin

  12. 9/19/2016 I’m pleased with the way that deals with this type of issue. Generally to the point, sometimes contentious, consistently well-researched and also challenging.

  13. always i used to read smaller articles or reviews which also clear their motive,
    and that is also happening with this paragraph which I am reading now.

  14. Useful info. Fortunate me I found your site by chance, and I am
    shocked why this accident did not came about earlier!
    I bookmarked it.

  15. LIke your site. Do you want to trade links.

  16. Hey there! This is kind of off topic but I need some help
    from an established blog. Is it hard to set up your own blog?
    I’m not very techincal but I can figure things out pretty fast.
    I’m thinking about making my own but I’m not sure where to begin. Do
    you have any points or suggestions? Thanks

  17. Wonderful site you have here but I was curious about if you knew of
    any community forums that cover the same topics talked about in this article?
    I’d really love to be a part of online community where I can get opinions from other knowledgeable individuals that share the same interest.
    If you have any suggestions, please let me
    know. Bless you!

  18. 10/2/2016 I’m gratified with the way that deals with this type of topic! Generally on point, sometimes controversial, always well-written and more often than not quite challenging.

  19. Thanks for the noteworthy site you’ve created at Your enthusiasm is certainly contagious. Thanks again!

  20. It’s enormous that you are getting thoughts from this post as well
    as from our discussion made at this time.

  21. I think this is among the most important information for me.
    And i’m glad reading your article. But wanna remark on few general things, The website style is perfect, the articles is really excellent : D.
    Good job, cheers

  22. I don’t know if it’s just me or if perhaps everyone else encountering problems with your website.
    It appears as though some of the written text in your content are running off the screen. Can someone else
    please comment and let me know if this is happening to them too?
    This may be a issue with my browser because I’ve had this happen before.


  23. Kudos for the noteworthy website you’ve set up at Your enthusiastic take on the subject is certainly contagious. Thanks again!

  24. Hey just wanted to give you a quick heads up. The text in your post seem to be running off the screen in Ie.
    I’m not sure if this is a format issue or something to do with browser compatibility but I figured I’d post to let you know.
    The layout look great though! Hope you get the problem solved
    soon. Many thanks

  25. Hey there this is kind of of off topic but I was wondering if blogs use WYSIWYG editors or if you
    have to manually code with HTML. I’m starting a blog soon but have no coding experience so I wanted to get advice from someone with experience.
    Any help would be greatly appreciated!

  26. I completely agree with your opinion on this topic and look forward to upcoming posts and comments here at Keep up the good work!

  27. I think this is one of the most significant information for me.
    And i am glad reading your article. But wanna
    remark on some general things, The web site style is
    wonderful, the articles is really excellent : D. Good job, cheers

  28. I’ll immediately grab your rss feed as I can’t in finding your
    email subscription hyperlink or e-newsletter service.
    Do you’ve any? Please let me know in order that I may subscribe.

  29. Hi, i think that i saw you visited my website so i came
    to “return the favor”.I’m attempting to find things to
    enhance my web site!I suppose its ok to use a few of your

  30. MraxWA the house is this room аАа’аАТ‚б‚Т€Т the front porch. The most garden furniture vintage important thing

  31. Like– extremely easy to navigate and lots to see!

  32. Excellent, what a blog it is! This blog presents
    valuable facts to us, keep it up.

  33. 2. Hope to see more of your work soon.

  34. I more or less share your opinion on this topic and look forward to upcoming posts and comments here at Keep up the good work!


  1. […] and all winnings are taxable and should be recorded as such. Also, don’t be that guy (cool infographic). Be smart, the law assumes you know the law at all times and it’s not worth the hassle of […]

Speak Your Mind