Short answer: Gambling losses can be deductible only up to the amount of gambling winnings reported, and typically only if you itemize. Detailed records of tickets, dates, and amounts are required.
Reviewed by Marcus Chen, Lead Data Scientist · 2026-06-09
Keep dated tickets, receipts, claim forms, and a log of winnings and losses. Talk to a tax professional before claiming a deduction.
This guide is informational, not legal or tax advice. Always verify requirements with the official NY Lottery before submitting a winning ticket.Data sourced from nylottery.ny.gov and NY Open Data. Independent, non-commercial project. Play responsibly — NY Problem Gambling · 1-877-8-HOPENY.