Sports wagering is taxed at 15% of adjusted gross revenue (AGR = wagers minus winnings minus authorised deductions, including bonuses/promotions and federal excise tax paid). Of the tax, 97.5% goes to the General Fund and 2.5% to the Problem Gambling Treatment and Support Fund.
Jurisdictions › Virginia › Tax
Virginia · Question 05 of 11
Tax: What is the tax take?
Favourable · Confirmed · AI-generated · Back to full Virginia report →
Key section parameters
| Jurisdiction | Virginia (US-VA) |
|---|---|
| Regulator | Recorded in register |
| Favourability | Favourable |
| Confidence | Confirmed |
| Review status | AI-generated |
| Last collected | 18 Oct 2026 |
Summary answer
Sports wagering is taxed at 15% of adjusted gross revenue (AGR = wagers minus winnings minus authorised deductions, including bonuses/promotions and federal excise tax paid). Of the tax, 97.5% goes to the General Fund and 2.5% to the Problem Gambling Treatment and Support Fund.