Online gambling in Mississippi
Best online gambling sites in Mississippi
Is online gambling legal in Mississippi?
How to gamble online in MS
Things to be aware of when gambling online in Mississippi
Online gambling on horses in Mississippi
Mississippi state lottery
Popular online gambling games in Mississippi
Online gambling taxes in MS explained
FAQ
Online gambling is enjoyed by millions of people across the world. In the US, there have been some hurdles for bettors to get involved, mostly due to the legality aspect. In this article, we will be talking about online gambling in Mississippi where we will fill you in on all you need to know.
Best online gambling sites in Mississippi
With restrictions being removed from the state there are a growing number of sites with online gambling acceptable in Mississippi. Below are some of the best online gambling sites available in Mississippi:
Is online gambling legal in Mississippi?
No, online gambling is not legal in Mississippi. In recent years, the US has removed the ban on sports betting in the States. This has allowed each individual state to move forward with its own legislation regarding betting online.
Unfortunately for players in Mississippi, it doesn’t look as though online gambling will be legalized any time soon. Currently, four separate bills have fallen through in their attempts to push online sportsbooks through the state government.
Strangely though, while the state does have a heavy reliance on the tax that it earns from the 20+ live gambling venues, it doesn’t seem to want to add gambling sites to the list. But, sportsbooks are a little different, especially as 80% of the other states who have legalized online sports betting have seen a massive increase in betting via online platforms.
It’s likely then, that lawmakers will continue to push for this to occur in MS as well. That being said, players should be looking toward 2023 before this actually comes to fruition.
How to gamble online in MS
To gamble online in Mississippi, players should sign up for a legitimate sportsbook or gambling site. Players must be 21 or over to do so and have an ID to prove it. Without any proof of ID, players will not be able to create an account and get playing, even on a mobile device.
However, once these first steps are passed, then the rest is pretty easy. Here are the main steps to getting started with gambling online in this state:
Things to be aware of when gambling online in Mississippi
When players get started with gambling online in Mississippi, there are a number of things they need to consider. For instance, there are some basic things players will need to think about when choosing a place to play such as the sports selection, types of bets available, and if there are any bonuses.
Here are some of the top things to consider when playing in this state:
1. Don’t use an offshore gambling site
While there are many different offshore gambling sites available, none of these are licensed within the States. In fact, they are technically illegal, most state sports betting laws don’t actually encompass this type of site meaning they are simply exploiting a loophole in the legislation.
These sportsbooks do hold licenses, usually from places like Curaçao, and do offer players the chance to access a wide array of different sports. However, this doesn’t mean players should access them.
Despite the lack of legislation in Mississippi preventing players from joining these sites, they’re not worth it. And that’s because they can actually be scam sites. With the site licensed offshore, there is no protection in place if players do get scammed. This means that if players lose money playing here, it’s really lost.
Additionally, with the lack of regulations in place, these sites have the possibility of going bankrupt at any time. Even if they do intend to payout to players, they simply may not be able to.
2. Make sure the gambling site is licensed
Another important factor to consider when starting out is to check the license. At this time, all of the best online sportsbooks to play at are linked or partnered with land-based venues. This means that you can instantly check if they have this partnership or not.
Once players have checked this, it’s easy to see whether or not the sportsbook has a license. And that’s because in order to operate within MS, the venue must have a license from the Mississippi Gaming Commission. Failure to have this license means that the gambling site or sportsbook is not operating legally within the state and should be avoided.
3. Read the T&C’s
Once a player does decide to join a site, then there are always terms and conditions to consider. These are especially important when it comes to looking at and claiming bonuses.
Bonuses have a wealth of different terms and conditions attached which can affect how they are used and whether players can actually retrieve any winnings from them at the end of playing.
Gambling sites have terms and conditions governing how players can use the site, specific restrictions in place regarding account creation, the need to use geo-comply software, and so on. Terms and conditions can also include the way that bets work, minimum and maximum limits, and a whole lot more.
Online gambling on horses in Mississippi
While some aspects of betting in the state have taken a while to get started, horse racing isn’t one of them. Impressively, the first horse racing track was actually set up in 1795 at the Fleetfield Race Track in Natchez. Amazingly, this was actually finished when the track was still a Spanish territory which means that betting on horses was around before the state was even Mississippi.
However, this has since changed, and now betting on horses is prohibited within the state. But, all is not lost as there are options to place bets on horses as some of the retail gambling sites do offer simulcast horse race betting options in their sportsbooks.
Strangely, there is a distinct lack of pari-mutuel betting options within the state despite horse race betting being legalized at sportsbooks. The state never actually made the move to legalize this type of betting nor are there any off-track betting options either. Horse racing actually only became a viable option in 2018 when the state finally legalized Mississippi sports betting at retail locations.
Pari-mutuel betting is permitted because it means that any bets placed by the player are mixed with the bets that visitors place in person at the track itself. While there are not so many options at the moment, it looks set that more retail gambling sites in the state are going to add, or have already added horse racing to their betting options.
Betting on horse racing online is actually still illegal in the state. Players can still only enjoy horse race betting in person. There is also no option for advance betting websites in MS either. That being said, there are moves to allow online or mobile sportsbooks in the future and this may mean that horse racing will be available on this platform too.
Mississippi state lottery
Surprisingly, most states have a lottery of some kind. In fact, Mississippi was one of only six states that didn’t have a lottery at all. This all changed in 2018 when a bill was passed allowing the state to implement a state lottery. The bill was approved by both the Senate and House, and it was eventually sent to Governor Phil Bryant for the final approval and signature.
Initially, the Mississippi state lotto was touted to take two years before it would go live. And this was due to the lottery undergoing its establishment through the Mississippi Lottery Corporation.
Essentially, before the lottery could go ahead, the Corporation needed to be made, which involved finding a board of directors and actually finalizing the games themselves.
Happily, for players with the state, the process was actually completed a lot faster than expected and the first scratch card tickets were available in November 2019. It was a pretty big success with the lottery actually getting over $2.5 million in sales in just one day.
To start, the lottery began life with instant win games only, but due to the success and popularity of the lotto, it soon branched out to offer more options. In 2020, the lottery added Mega Millions and Powerball tickets to the game lineup once it had joined the Multi-State Lottery Association.
Currently, it is still not possible to buy lottery tickets online. That being said, there doesn’t appear to be any law that actually prevents this from being done.
Similar to the tax earned from gambling within the state, the money made from the lottery goes right back into the state’s infrastructure. At this time, $80 million has been used to support the main infrastructure including roads and bridges. Revenue that exceeds this $80 million is used to support public education throughout the state.
To join, players must be 21 or above and they will be requested to provide ID if they look too young when purchasing their tickets. If players do win, they can actually remain anonymous too.
In terms of regulation, as mentioned the lottery is overseen by the Mississippi Lottery Corporation rather than the Mississippi Gambling Board. As such, any issues need to go to the former group rather than the latter.
Popular online gambling games in Mississippi
When it comes to online gambling in Mississippi, there are a large number of games and options you can enjoy. With retail gambling sites have been around since 2018, it’s unsurprising that you can find an array of different games already on offer. When it comes to sports betting, things are a little different with gambling sites still getting a wider range of betting options up and running.
Some of the online betting options in the state include:
It should be noted here that while players can bet on a range of different sports at gambling sites within the state, there are some restrictions. Players cannot place bets on any amateur sport or athletics vents for example. On top of that, players can place bets on any political event including elections for public offices or any event that seems contrary to public policy.
Online gambling taxes in MS explained
When it comes to taxes from online gambling, there are a number of different things to consider. First, the actual online sports betting revenue is subject to the same taxes as any other betting and gaming within the state.
This means that licensed bookies and retail gambling sites have to pay 4% for gross revenue up o $50,000 each month. There’s a 6% tax for revenue between $50,000 and $134,000. Finally, operators with higher revenue than that will be charged 8%.
All taxes from gambling sites are placed in a general fund within the state. This fund is then used as part of the overall budget of the state and can be used as the state government sees fit.
Players also have to consider tax when playing games either online in Mississippi. Any winnings reported are subject to 4% non-refundable income tax. Basically, the gambling site will withhold the tax when they actually make the payout. This withheld amount cannot be refunded to the taxpaying player. And this is found under Section 27-7-901 of the Mississippi Code.
Players who are not residents of the state do not have to file a tax return and as such do not need to declare any gambling winnings. This is because a document from the gambling site is the same as an income tax return and is considered proof that the tax was paid to the state correctly.
Interestingly, if mobile sportsbooks were to get the go-ahead in this state, then the proposed tax might actually be a little different. Currently, the motions put forward are suggesting a smaller 6% tax rate. This is actually pretty low for operators as a whole even by industry standards.