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Pari-Mutuel Winnings

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If your business pays pari-mutuel winnings on horse races, you must withhold Minnesota income tax on the winnings if all of these apply:

  • You are required to withhold federal income tax
  • The payoff of winnings exceeds $5,000 after deducting the bet amount
  • The payoff is at least 300 times the bet amount

The withholding rate on pari-mutuel winnings is 9.85%.

For more information, see Minnesota Statute 290.92, subdivision 27.


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