HR2233119th CongressWALLET

SLOT Act of 2025

Sponsored By: Representative Titus

Introduced

Summary

Raises the per-play information-reporting threshold for slot machine winnings to $5,000 per play. The threshold is indexed for inflation beginning after 2026 and takes effect for payments after December 31, 2025.

Show full summary
  • Players and casual gamblers: Wins from a single slot play under $5,000 will no longer trigger an information return, and the reporting threshold is not reduced by how much was wagered.
  • Casinos and gaming businesses: Fewer individual slot payouts will require filing information returns, cutting routine reporting for many small per-play wins.
  • Tax administration and compliance: The $5,000 base threshold is adjusted annually by the cost-of-living and rounded to the nearest $100 for years after 2026, narrowing the set of slot plays that generate reports.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Higher per-play slot reporting threshold

If enacted, slot-win reporting would use a higher per-play threshold. Payers like casinos would not file an information return unless one play wins at least $5,000. The $5,000 amount is before subtracting your bet. This would apply to payments after December 31, 2025. For calendar years after 2026, the threshold would rise with inflation and round to the nearest $100.

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Sponsors & CoSponsors

Sponsor

Titus

NV • D

Cosponsors

  • Reschenthaler

    PA • R

    Sponsored 3/18/2025

  • Kelly (PA)

    PA • R

    Sponsored 3/18/2025

  • Van Drew

    NJ • R

    Sponsored 3/18/2025

  • Bergman

    MI • R

    Sponsored 3/18/2025

  • Johnson (GA)

    GA • D

    Sponsored 3/18/2025

  • Ezell

    MS • R

    Sponsored 3/18/2025

  • Correa

    CA • D

    Sponsored 3/18/2025

  • Horsford

    NV • D

    Sponsored 3/24/2025

  • Lee (NV)

    NV • D

    Sponsored 9/8/2025

  • Nehls

    TX • R

    Sponsored 10/6/2025

  • Ruiz

    CA • D

    Sponsored 3/27/2026

Roll Call Votes

No roll call votes available for this bill.

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