WANNA PARLAY

Winning in daily fantasy sports (DFS) feels amazing. Whether it’s a high-stakes contest or just a friendly game with friends, walking away with extra cash makes drafting that perfect lineup all the more rewarding. But there's an important aspect of DFS that many players overlook until tax season rolls around — yes, we’re talking about taxes. Regardless of whether you’re an experienced DFS player or new to the game, understanding how the IRS treats your daily fantasy winnings is crucial for staying compliant and managing your finances properly.