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All of the betting earnings inside the Michigan categorize as the taxable money. It means you’re taxed the official tax rate of cuatro.25percent. If your payouts come from MI casinos, sportsbooks, or daily fantasy sports, so it same income tax rate tend to apply. Instead of normal tax, there’s no lowest endurance to own gaming payouts. Long lasting matter, all of the earnings are at the mercy of the newest 4.25percent income tax price.

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