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StateTax rateTypeDetailsNew Jersey1.4–ten.75%Graduated bracketsNJ taxes betting payouts since the regular earnings. Brought about whenever net profits (award minus pick-in) exceed $5,100000. Cannot deduct brand new bet matter.Bingo$1,200Any oddsSame threshold just like the ports — one unmarried bingo win out-of $step 1,200+ produces an effective W-2G.
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