Atlanta Visitor Wins $10.3 Million Westgate Jackpot After $5 Slot Bet

Q: After 2026 tax law changes, how much of a $10 million Las Vegas jackpot does a winner actually take home?

A $10 million Las Vegas slot jackpot would typically leave the winner with about **$6.3 million after federal taxes**, assuming a straightforward lump-sum payout and no major offsets. The casino would not hand over the full amount immediately. Under 2026 rules, it must generally withhold **24% for federal taxes** on a jackpot this large. On $10 million, that means **$2.4 million withheld upfront**, so the winner would initially receive about **$7.6 million**. But that is not the final take-home amount. Gambling winnings are taxed as ordinary income, and a $10 million jackpot pushes a winner into the **top federal bracket of 37%**. That implies a total federal tax bill of roughly **$3.7 million**, leaving about **$6.3 million net** after the return is filed. In practical terms, the winner would likely owe about **another $1.3 million** beyond the initial withholding. Because this jackpot was won in Nevada, there is an important break: **Nevada has no state income tax**, so there is no Nevada state tax on the prize itself. A winner could still face state tax later depending on where they live, but the Las Vegas win itself is not taxed by Nevada. The 2026 tax-law change limiting gambling-loss deductions to **90% of losses** mainly matters for people trying to offset winnings with losses. For a one-off $10 million slot jackpot, the headline figure remains roughly **$6.3 million after federal tax**.

3 articles · Updated · WSB Atlanta · Jun 24

$10,292,912.32 went to an Atlanta visitor who hit the IGT Megabucks Wolf Run Eclipse slot at Westgate Las Vegas on June 16.
A $5 wager triggered the jackpot just three minutes after the guest sat down to play, according to casino officials.
Westgate said the payout ranks among the largest slot jackpots in the resort's history, though the winner's identity was not released.
The win adds another outsized prize to Las Vegas' long-running Megabucks jackpot lore and Westgate's record of major slot payouts.