Fantasy sports players who win more than $600 generally get a Form 1099-MISC, or 1099-K, depending on how the money is paid out. There's also a Form W-2G that you might receive, depending on how much you win.
Generally speaking, if you win more than $600 for a sports wager and the amount is 300 times the original bet, the payor is required to withhold 24% of your winnings for federal taxes. Personal Loans for 670 Credit Score or Lower
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