diff --git a/bigquery/google/cloud/bigquery/magics.py b/bigquery/google/cloud/bigquery/magics.py
index 2a174cefeea3..59265ed6b0c5 100644
--- a/bigquery/google/cloud/bigquery/magics.py
+++ b/bigquery/google/cloud/bigquery/magics.py
@@ -31,6 +31,10 @@
         this parameter is used. If an error occurs during the query execution,
         the corresponding ``QueryJob`` instance (if available) is stored in
         the variable instead.
+    * ``--destination_table`` (optional, line argument):
+        A dataset and table to store the query results. If table does not exists,
+        it will be created. If table already exists, its data will be overwritten.
+        Variable should be in a format <dataset_id>.<table_id>.
     * ``--project <project>`` (optional, line argument):
         Project to use for running the query. Defaults to the context
         :attr:`~google.cloud.bigquery.magics.Context.project`.
@@ -145,6 +149,7 @@
     raise ImportError("This module can only be loaded in IPython.")
 
 from google.api_core import client_info
+from google.api_core.exceptions import NotFound
 import google.auth
 from google.cloud import bigquery
 from google.cloud.bigquery.dbapi import _helpers
@@ -336,12 +341,44 @@ def _run_query(client, query, job_config=None):
     return query_job
 
 
+def _create_dataset_if_necessary(client, dataset_id):
+    """Create a dataset in the current project if it doesn't exist.
+
+    Args:
+        client (google.cloud.bigquery.client.Client):
+            Client to bundle configuration needed for API requests.
+        dataset_id (str):
+            Dataset id.
+    """
+    dataset_reference = bigquery.dataset.DatasetReference(client.project, dataset_id)
+    try:
+        dataset = client.get_dataset(dataset_reference)
+        return
+    except NotFound:
+        pass
+    dataset = bigquery.Dataset(dataset_reference)
+    dataset.location = client.location
+    print("Creating dataset: {}".format(dataset_id))
+    dataset = client.create_dataset(dataset)
+
+
 @magic_arguments.magic_arguments()
 @magic_arguments.argument(
     "destination_var",
     nargs="?",
     help=("If provided, save the output to this variable instead of displaying it."),
 )
+@magic_arguments.argument(
+    "--destination_table",
+    type=str,
+    default=None,
+    help=(
+        "If provided, save the output of the query to a new BigQuery table. "
+        "Variable should be in a format <dataset_id>.<table_id>. "
+        "If table does not exists, it will be created. "
+        "If table already exists, its data will be overwritten."
+    ),
+)
 @magic_arguments.argument(
     "--project",
     type=str,
@@ -485,6 +522,21 @@ def _cell_magic(line, query):
     job_config.use_legacy_sql = args.use_legacy_sql
     job_config.dry_run = args.dry_run
 
+    if args.destination_table:
+        split = args.destination_table.split(".")
+        if len(split) != 2:
+            raise ValueError(
+                "--destination_table should be in a <dataset_id>.<table_id> format."
+            )
+        dataset_id, table_id = split
+        job_config.allow_large_results = True
+        dataset_ref = client.dataset(dataset_id)
+        destination_table_ref = dataset_ref.table(table_id)
+        job_config.destination = destination_table_ref
+        job_config.create_disposition = "CREATE_IF_NEEDED"
+        job_config.write_disposition = "WRITE_TRUNCATE"
+        _create_dataset_if_necessary(client, dataset_id)
+
     if args.maximum_bytes_billed == "None":
         job_config.maximum_bytes_billed = 0
     elif args.maximum_bytes_billed is not None:
diff --git a/bigquery/tests/unit/test_magics.py b/bigquery/tests/unit/test_magics.py
index ed253636c468..6ff9819854a8 100644
--- a/bigquery/tests/unit/test_magics.py
+++ b/bigquery/tests/unit/test_magics.py
@@ -39,6 +39,7 @@
     from google.cloud import bigquery_storage_v1beta1
 except ImportError:  # pragma: NO COVER
     bigquery_storage_v1beta1 = None
+from google.cloud import bigquery
 from google.cloud.bigquery import job
 from google.cloud.bigquery import table
 from google.cloud.bigquery import magics
@@ -336,6 +337,37 @@ def test__make_bqstorage_client_true_missing_gapic(missing_grpcio_lib):
     assert "grpcio" in str(exc_context.value)
 
 
+def test__create_dataset_if_necessary_exists():
+    project = "project_id"
+    dataset_id = "dataset_id"
+    dataset_reference = bigquery.dataset.DatasetReference(project, dataset_id)
+    dataset = bigquery.Dataset(dataset_reference)
+    client_patch = mock.patch(
+        "google.cloud.bigquery.magics.bigquery.Client", autospec=True
+    )
+    with client_patch as client_mock:
+        client = client_mock()
+        client.project = project
+        client.get_dataset.result_value = dataset
+        magics._create_dataset_if_necessary(client, dataset_id)
+        client.create_dataset.assert_not_called()
+
+
+def test__create_dataset_if_necessary_not_exist():
+    project = "project_id"
+    dataset_id = "dataset_id"
+    client_patch = mock.patch(
+        "google.cloud.bigquery.magics.bigquery.Client", autospec=True
+    )
+    with client_patch as client_mock:
+        client = client_mock()
+        client.location = "us"
+        client.project = project
+        client.get_dataset.side_effect = exceptions.NotFound("dataset not found")
+        magics._create_dataset_if_necessary(client, dataset_id)
+        client.create_dataset.assert_called_once()
+
+
 @pytest.mark.usefixtures("ipython_interactive")
 def test_extension_load():
     ip = IPython.get_ipython()
@@ -1199,3 +1231,62 @@ def test_bigquery_magic_omits_tracebacks_from_error_message():
     assert "400 Syntax error in SQL query" in output
     assert "Traceback (most recent call last)" not in output
     assert "Syntax error" not in captured_io.stdout
+
+
+@pytest.mark.usefixtures("ipython_interactive")
+def test_bigquery_magic_w_destination_table_invalid_format():
+    ip = IPython.get_ipython()
+    ip.extension_manager.load_extension("google.cloud.bigquery")
+    magics.context._project = None
+
+    credentials_mock = mock.create_autospec(
+        google.auth.credentials.Credentials, instance=True
+    )
+    default_patch = mock.patch(
+        "google.auth.default", return_value=(credentials_mock, "general-project")
+    )
+
+    client_patch = mock.patch(
+        "google.cloud.bigquery.magics.bigquery.Client", autospec=True
+    )
+
+    with client_patch, default_patch, pytest.raises(ValueError) as exc_context:
+        ip.run_cell_magic(
+            "bigquery", "--destination_table dataset", "SELECT foo FROM WHERE LIMIT bar"
+        )
+    error_msg = str(exc_context.value)
+    assert (
+        "--destination_table should be in a "
+        "<dataset_id>.<table_id> format." in error_msg
+    )
+
+
+@pytest.mark.usefixtures("ipython_interactive")
+def test_bigquery_magic_w_destination_table():
+    ip = IPython.get_ipython()
+    ip.extension_manager.load_extension("google.cloud.bigquery")
+    magics.context.credentials = mock.create_autospec(
+        google.auth.credentials.Credentials, instance=True
+    )
+
+    create_dataset_if_necessary_patch = mock.patch(
+        "google.cloud.bigquery.magics._create_dataset_if_necessary", autospec=True
+    )
+
+    run_query_patch = mock.patch(
+        "google.cloud.bigquery.magics._run_query", autospec=True
+    )
+
+    with create_dataset_if_necessary_patch, run_query_patch as run_query_mock:
+        ip.run_cell_magic(
+            "bigquery",
+            "--destination_table dataset_id.table_id",
+            "SELECT foo FROM WHERE LIMIT bar",
+        )
+
+        job_config_used = run_query_mock.call_args_list[0][1]["job_config"]
+        assert job_config_used.allow_large_results is True
+        assert job_config_used.create_disposition == "CREATE_IF_NEEDED"
+        assert job_config_used.write_disposition == "WRITE_TRUNCATE"
+        assert job_config_used.destination.dataset_id == "dataset_id"
+        assert job_config_used.destination.table_id == "table_id"