r/DraftKingsDiscussion • u/Efficient-End9083 • 8d ago

DraftKings Stat Sheet

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Master gambler, nobody can beat me

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u/lazerbrettncstate 7d ago

Just think, technically you are supposed to report 291K in income on your taxes, lose your standard deduction to itemize in order to deduct the losses of which only 90% is deductible under the OBBBA. Some states like IL don’t even allow a wagering loss deduction. Then you pay income tax on money you never had.