Here's the short version: every dollar you win on Blood Suckers — or any online slot — is federally taxable income, full stop. The IRS does not care whether you hit the Vampire Slaying Bonus at 3 a.m. on a Tuesday or whether you're playing for fun. If money comes in, it has to go on your return. Understanding how that works before you sit down to play is at least as important as knowing the RTP, so let's walk through the actual rules.
When does the casino send me a W-2G form?
Casinos issue Form W-2G for a single slot machine win of $1,200 or more — that's the IRS threshold specifically for slots. So if you trigger the free spins on Blood Suckers and a single payout clears $1,200, expect that form to show up, either immediately on-screen at a licensed online casino or by mail. The casino may also withhold 24% of that payout on the spot under the general federal withholding rate, meaning you'd see a net amount rather than the full win hit your account balance.
The part many players miss: even when no W-2G is issued — because your individual wins stayed under $1,200 — you are still legally obligated to self-report all winnings on Form 1040 as "other income." A $400 win and a $700 win in the same session don't cancel each other out or hide under some reporting floor. They both count. Failure to self-report is a federal tax violation, and "the casino didn't send me anything" is not a defense that holds up.
Can I deduct my Blood Suckers losses?
Yes, but only under specific conditions that trip up a lot of recreational players. Gambling losses may be deducted only up to the amount of your reported winnings, and only if you itemize deductions on Schedule A rather than taking the standard deduction. If you won $2,000 and lost $3,000 across the year, you can offset the $2,000 in winnings — but you cannot use the remaining $1,000 in losses to generate a refund or reduce other income. The losses cannot exceed your reported winnings. For most casual players whose standard deduction exceeds their itemizable deductions, the loss deduction effectively isn't available, which means you're taxed on gross winnings even when you're down for the year overall. Track every session anyway; if you ever do itemize, that log is your documentation.
How do federal tax rules compare across the three Blood Suckers titles?
The tax rules themselves don't change based on which version of the game you're playing — the IRS treats a slot win as a slot win. What does differ is the win potential of each title, which affects how realistically you might cross the W-2G threshold. Blood Suckers Megaways, for example, has a max win of 20,521× stake, which could produce a taxable event even at very small bet sizes. The original Blood Suckers tops out around 1,014× stake with a $0.25–$50 bet range, making the $1,200 threshold more relevant at higher bets. Here's a side-by-side look at the key figures:
| Title | Developer | RTP (default) | Max Win | Bet Range | Volatility |
|---|---|---|---|---|---|
| Blood Suckers (2013) | NetEnt | 98.00% | ~1,014× stake | $0.25–$50/spin | Low |
| Blood Suckers 2 (2017) | NetEnt | 96.94% | ~1,298× stake | $0.25–$250/spin | Low |
| Blood Suckers Megaways (2023) | Red Tiger Gaming | 97.66% (up to 90.77% on lower operator settings) | 20,521× stake | $0.10–$4/spin | High |
Does the state I'm in affect my gambling taxes?
State income tax treatment of gambling winnings varies, and you'll need to consult a tax professional for the rules that apply to your specific state. Real-money Blood Suckers play is currently available at licensed US casinos in New Jersey, Pennsylvania, Michigan, and West Virginia — all of which have their own income tax regimes on top of the federal obligation. If you're in a state without legal iGaming and you're using a sweepstakes platform instead, the prize redemption rules differ further. Never assume your state's treatment mirrors federal rules; it often doesn't. You can find the casinos where real-money play is legal at Best US Casinos for Blood Suckers Slots in 2026.
What records should I keep as a Blood Suckers player?
The IRS recommends a gambling diary that logs the date, the casino or platform, the type of game, and your wins and losses per session. For online play, your account transaction history is your best friend — download it regularly rather than relying on the operator to preserve it indefinitely. W-2G forms should be kept with your other tax documents. If you're a heavier player, a spreadsheet broken down by session is cleaner than trying to reconstruct a year's worth of spins from memory in April.
For the full picture on the game itself — RTP, bonus features, and where to play legally — see Blood Suckers Slot — RTP, Reviews & Where to Play in the US. If you want a deep dive into whether that 98% RTP actually plays out the way you'd expect, Blood Suckers Slot Review: Is a 98% RTP Really That Good? covers exactly that. And for everything else about the series in one place, check out Blood Suckers Slot — Everything US Players Need to Know.
21+ only. Gambling winnings are taxable regardless of whether a W-2G is issued; consult a qualified tax professional for advice specific to your situation. Availability of real-money play varies by state. Gambling problem? Call 1-800-GAMBLER.