Not all FanDuel winnings are taxed. However, if your winnings are from $600 and above, you’re likely to pay tax.
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What Is FanDuel?
FanDuel is an online gaming or gambling platform where sports enthusiasts can play one-day fantasy sports for real cash prizes.
FanDuel was launched in 2018, and became America’s favourite sports betting platform and the most popular online sportsbook.
Photo Credit: Forbes
FanDuel is for lovers of all kinds of fantasy sports, such as football, basketball, baseball, soccer, hockey, NASCAR, golf and many more.
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Fans need not be experts to play fantasy on FanDuel, even beginners can learn at their own pace.
The FanDuel online Sportsbook shows players more ways to win, via betting options like bet spreads, moneylines, teasers, props, parlays.
The FanDuel Sportsbook also contains all major U.S. sports, and is available in Pennsylvania, New Jersey, Indiana, West Virginia, Colorado, Illinois, Tennessee , Michigan, Virginia, Arizona, Connecticut, New York, Louisiana, Wyoming and Kansas.
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