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Should You Pay Taxes on Your Fantasy Football Winnings?

Very few people claim their fantasy sports winnings on their taxes. Should they?

By: Athlon Sports | 11/29/11, 10:57 AM EST

Very few people claim their fantasy sports winnings on their taxes. Should they?

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Every year more and more people play fantasy sports. Which means more and more people are winning millions of dollars in prizes. And very, very few ever claim these winnings on their tax returns or pay anything on the cash prizes they receive. Here's a look at how fantays players should file their winnigns during tax time and everything they need to know before April 15th.

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