Dia Gambling Stats



The GMP Dashboard report shows key quarterly statistics for Class 4 gambling (in pubs and clubs) in New Zealand, including gaming machine profits (GMP) and numbers of approved venues and gaming machines licensed to operate, as at the last day of each quarter. Discover all relevant statistics and facts on the global sports betting and gambling market/industry now on statista.com! Try our corporate solution for free! In this section, statistics, facts, market data, and Statista Dossiers about gambling are presented. This includes comprehensive information on casinos and the various forms of gambling that they. Gambling debt and addiction. While gambling can be a source of entertainment, it can also cause serious money problems, addiction and debt. 0.5% of the UK’s adult population are problem gamblers. 15% of online gamblers have been gambling in the workplace in the past four weeks. 3.1% of gamblers have bet more than they can afford to lose.

As a blogger, I have goals. One of them is to write data-driven posts. What better way to provide informative content to my readers?

Statistics about gambling provide a perfect opportunity to write just this kind of post. I came up with the idea for this post a couple of days ago. A friend of mine (also a blogger) asked forfeedback on his latest post.

Here’s what I told him:

The first three paragraphs—your introduction—are boring. Much of what you’ve written is bland to the point of being meaningless. For example, one of your sentences is “gambling games are part ofour culture”.

Well, yeah. So what?

You want to include specific data about HOW those gambling games are woven into our culture. The best way to do this—especially in your introduction—is by sharing specific statistics and datapoints to catch your readers’ interest from the start.

Here’s an example:

King Richard outlawed dice among his soldiers in 1190. Cervantes was writing about blackjack as early as the early 17th century. The word lottery is derived from the Biblical conceptof “casting lots”.

That’s a data-driven approach to explaining that gambling games are a part of our history.

Dia Gambling Stats Leaders

Of course, that’s a little bit of a digression. You want to read a post with gambling statistics that you NEED. I offer 7 of these statistics below, along with some commentary and analysisrelated to each of them.

Today, let's look at the relationship between gambling and income in America.

Lucky for us, the IRS has compiled data which shows that Americans in all income classes (even the top one percent) love to gamble. Yes, in 2016 (filing year 2017), 1.31% of Americans were lucky enough to have to pay taxes on gambling winnings.

Let's look at gambling stats in America by income.

Percentage of Tax Returns Gambling Winnings, By Income

Dia Gambling Stats

For this first chart the percentage represents the percentage of taxable tax returns in each income bracket which reported gambling winnings.

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Percentage of All Reported Gamblers by Income Bracket

Admittedly, this chart is more confusing. We're showing the percentage of all tax returns each bracket represents and contrasting it with the percentage of all taxed winning gamblers.

Income Bracket (2016)Percentage of Tax ReturnsPercentage of Winning Gamblers
No adjusted gross income1.393%1.29%
$1 under $5,0006.647%2.15%
$5,000 under $10,0007.319%3.36%
$10,000 under $15,0007.876%3.42%
$15,000 under $20,0007.260%4.50%
$20,000 under $25,0006.553%5.31%
$25,000 under $30,0005.915%3.87%
$30,000 under $40,00010.041%8.08%
$40,000 under $50,0007.762%7.47%
$50,000 under $75,00013.459%17.51%
$75,000 under $100,0008.634%13.61%
$100,000 under $200,00012.549%20.76%
$200,000 under $500,0003.715%6.87%
$500,000 under $1,000,0000.595%1.16%
$1,000,000 under $1,500,0000.128%0.27%
$1,500,000 under $2,000,0000.052%0.12%
$2,000,000 under $5,000,0000.074%0.18%
$5,000,000 under $10,000,0000.018%0.04%
$10,000,000 or more0.011%0.02%

United States Definition of Gambling Winnings

In the United States, gambling winnings are reported on Form W-2G. There are very strict instructions on when to file.

The things that trigger your need to file a form W-2G:

  1. $1,200 or more in gambling winnings from bingo or slot machines
  2. $1,500 or more in proceeds (the amount of winnings minus the amount of the wager) from keno
  3. More than $5,000 in winnings (reduced by the wager or buy-in) from a poker tournament
  4. $600 or more in gambling winnings (except winnings from bingo, keno, slot machines, and poker tournaments) and the payout is at least 300 times the amount of the wager
  5. Any other gambling winnings subject to federal income tax withholding (technically, you must report from the first dollar)

One problem with this definition we'll state upfron: it only catches the winners. (Perhaps some brackets are unlucky? Perhaps they are playing games with payouts less than $600?)

Dia Gambling Stats Against

There is bias in our data below towards larger bets, which might be expected to come from people with more income. It would be nice to be able to strip table games out of this data and leave animal racing, slot machines, and lotteries - but we play the hand we're dealt!

Fantasy

Gambling by Income: Interesting Stuff!

So there you have it. In the United States, there are more winning gamblers among the affluent than among the poor.

It's probably not fair to call gambling a 'poor tax', unless you still think we defined away 'lottery' too easily in this article. The largest percentage of gamblers in America make between $50,000 and $200,000. We say that because – presumably – the brackets with the most winners also have the most gambling overall (the most losers as well, that is).

So there you have it. 7-figure folks are gambling at more than 2x their proportion of the total household representation. And moderate incomes up to $200,000 are gambling the most overall.

Is it a bullish sign when our $1,000,000 - $1,500,000 and $2,000,000 - $5,000,000 earners are gambling at such a clip? How do you think this would change if we took out table games?

Do you gamble? How does it affect your personal finances?