Gambling winnings are taxable income to be reported on your tax return. However, if the amount of winnings is less than the Standard Deduction for your filing status you will not owe any taxes on that income. Assuming that is your Only income received in 2023.
Standard deductions for 2023
Single - $13,850 add $1,850 if age 65 or older
Married Filing Separately - $13,850 add $1,500 if age 65 or older
Married Filing Jointly - $27,700 add $1,500 for each spouse age 65 or older
Head of Household - $20,800 add $1,850 if age 65 or older
