Why am I being asked to fill out an IRS Form W-9 for DraftKings?

DraftKings customers are required to fill out an IRS Form W-9 following a reportable win. The requirements for reporting and withholding depend on:

  • The taxable reporting criteria for the type of game.
  • The amount of winnings.
  • In some cases, the odds (ratio of the winnings to the wager).

The information provided by the player on the W-9 (name, social security number, and address) is used by DraftKings to populate IRS Forms W-2G and/or 1099-Misc.

Important: If you have a reportable win and don’t fill out a W-9 when requested, or if your W-9 can’t be validated with the Internal Revenue Service (IRS), then DraftKings is required to remit 24% of the winnings to the IRS as Backup withholding.

In the event your legal name, Social Security Number (SSN), or home address has changed, please fill out an updated W-9.

Learn more about what is reportable to the IRS: 

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