The United States women's national team has been named the early favorite to win the 2027 FIFA Women's World Cup in Brazil, according to oddsmakers. Spain, the current world champion, is close behind in the betting lines. The tournament is set to feature 32 teams for the first time. Meanwhile, Spain's $50 million prize money from their 2023 World Cup victory could be subject to a US federal withholding tax of up to 30%. The tax applies to nonresident foreign athletes earning money in the United States. Some critics have called the potential tax unfair, while the IRS has not commented on the specific case. The 2027 Women's World Cup in Brazil is expected to draw global attention as women's soccer continues to grow in popularity.