At casinos in Las Vegas, online sportsbooks, in an office pool, or somewhere else, America likes to bet on the Super Bowl. If you want a list, check out the 2017 Super Bowl prop bets: 51 of the craziest things you can place a bet on. These bets may be silly, but a friendly or even a commercial bet on the Super Bowl seems all-American. All gambling winnings are taxable income in the eyes of the IRS. You must report all your gambling winnings as income on your tax return regardless of whether you receive an IRS Form W-2G.

Source: Forbes February 04, 2017 14:37 UTC