Does your country tax your gambling winnings?

[MiliMil]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

[1715377713]

1715377713

[1715377713]

1715377713

[mindrust]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

Mine does. It is taxfree if you win anything below ~$1200 but if you win more than that, you'll have to pay a 20% tax to the government on that winning. I don't think it is any different in any country. Unless it is one of those countries that don't tax income, you'll get taxed whenever you make money from anything. It doesn't matter how you make your money. Whether it is from trading, working, collecting rents or dividends, gambling... they tax them all. They even tax bank interest which is under the inflation rate. You already get buttfucked for putting your money in a bank and they still tax it. Fuck them greedy bitchez.

[Oshosondy]

You are risking your own money and if you win you are penalised.

If you have a business, you still have to pay tax. Government do not care if you are making huge money or small money, all they care about is that you should obey the law.

In most countries, also I believe that is how it would be in other countries, that if you lose more than winning, you do not need to pay tax until your net profit is positive, which means your winning should be more than your losses before you should pay tax.

I'm curious as to how many other users have to pay taxes on their winnings.

It depends on the law the country has about paying gambling tax, but likely government like going for people that have huge winning that they can notice.

[QueenVera]

Basically in my country you get taxed directly or indirectly on every money you make and even on bank transactions as well as mobile calls and also on online purchase as well as buying food from eateries, we have to get taxed for almost everything and I just wonder what all of these taxes are used for as there is nothing to write home about and I don't think winnings on gambling is exempted even to the least winnings, we are taxed in my country. I'm sure it is so in some other countries but mine is insane.
But I feel bad that we have to risk our money without any insurance from the government and still get taxed wheh there is a win.

[BitcoinGirl.Club]

I know the USA has gambling taxes and I think it's ridiculous.

That's ridiculous LOL
Imagine you gamballed $1k and lost $900. Going home with $100. They are going to cut $20 from it 😂
If I was in USA then I would definitely never check gambling as an option for my entertainment LOL

Mine does. It is taxfree if you win anything below ~$1200 but if you win more than that, you'll have to pay a 20% tax to the government on that winning.

How do you determine winning?
From bank to bookie $1k. Then from bookie to bank $2.2K?

How about from bank to bookie more $1k after that coming $2.2K. And no other incoming from bookie. that leaves $200 only but you had incoming of $2.2k and it seems you are being taxing for even $200!

 

[iv4n]

Sports betting, slots, and other games of chance are considered "special games of chance", while Lotto, Bingo, and the like are those that can only be organized by the state of Serbia!

Basically, playing "special games of chance" is tax-free, offline or online. But the state lottery/bingo is taxed at 20% as I remember, for winning over 800-900 euros, more or less. Someone won 1.9 million euros a month or two ago, he had to pay more than 380k tax. I saw it in the news.

I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.

I can't agree more with you... but governments want their cut, and some governments are pretty imaginative when it comes to "taking their cut". Joke or not, maybe soon we will start paying taxes on the air we breathe, at least we who live in some countries with very "imaginative governments"...

[BitcoinGirl.Club]

I can't agree more with you... but governments want their cut, and some governments are pretty imaginative when it comes to "taking their cut". Joke or not, maybe soon we will start paying taxes on the air we breathe, at least we who live in some countries with very "imaginative governments"...

Wait! Aren't you already paying for it? CO₂ free, green energy, solar energy, electricity aren't all these to clean the air and they are using our money to fund these projects. You are paying money to breathe already LOL

[klidex]

For now in my country there is no tax regulation on gambling but the state will ask for taxes for using crypto assets, it's the same as it seems.
Actually, if you think about it, it's a little ridiculous when a gambler who bets using his own money is still asked to provide taxes to the state.
But it seems that it cannot be avoided because the tax is included in the rules set by the state and inevitably you have to provide tax.
If the tax is for the benefit of the state, such as helping the people's economy, it doesn't matter to me. But if tax money is used for personal gain that is very bad.

[bisdak40]

I know the USA has gambling taxes and I think it's ridiculous.

Lucky for us here in the Philippines that we don't have such a law of taxing gambling winnings. If the government decides to tax our winnings then probably most of us will stop gambling or maybe corruption will arise because many will bride the tax collector just to pay small amount as tax.

In our country where cockfighting is legal and some cockfighting enthusiasts will win a couple of million of pesos within a day then that could be huge money for the government.

[Porfirii]

In Spain the legislator raised the limit for national lottery:

In 2018, the first 10k were free of tax.
In 2019, the first 20k.
Since 2021, the first 40k.

Any amount over that limit is taxed at 20%.

Other bets different from national lottery (like poker, sports bets...) are free of taxes until 1k or 1.6k (it depends) but you have to pay between 19% and 45% for the surplus. The good thing is that you can deduct losses if you are methodical and you know how.

[Mauser]

You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

Oh now it makes sense why Australians enjoy gambling so much, I wish I also had to pay no taxes on my gambling winnings. In Germany we have to pay taxes on all type of winnings, that is why the government are pushing lotteries so much. Around 20% of all the money being put into the lottery is being transferred to the government. That's a very profitable business model for the state and I would never expect the government to ban gambling. Paying taxes on gambling winnings is kind of sad if pay attention to it, most of the winning payouts are already quoted after taxes. When it comes to casino winnings we need to declare them ourselves and if we try to hide them it could be a problem during a special audit.

[mindrust]

Mine does. It is taxfree if you win anything below ~$1200 but if you win more than that, you'll have to pay a 20% tax to the government on that winning.

How do you determine winning?
From bank to bookie $1k. Then from bookie to bank $2.2K?

How about from bank to bookie more $1k after that coming $2.2K. And no other incoming from bookie. that leaves $200 only but you had incoming of $2.2k and it seems you are being taxing for even $200!

Here they don't give a damn about what went to the bookie from the bank and what came back. If you made any profits on a game and that profit is bigger than appr. $1200, then you have to declare your income and pay a tax. That's all that matters. It may sound ridiculous but the gov is the only bookie around here.   So the money you send from the bank to the bookie, it goes directly to a government entity. Now you should get the idea of what's happening. You can't hide from the taxxxmannn

[danherbias07]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

First of all, how can I be an Australian citizen?   Just kidding.

Well, here in our country there's always the 20 percent tax for lottery winners, especially the jackpot prize. I haven't checked about the other prizes such as 5 numbers or 4 numbers but I doubt they are cutting some taxes on them.
I played in a poker room before and they have the same rule. 20 percent is being cut from the pot prize of the tournament. I got used to it back when I was playing there and I like they are announcing how much the total prize is, it is the exact amount that you will receive because they already took their cut from it.
That's better in my opinion because you won't feel mad about how much money is gone just because of the damn taxation.

[Oneandpure]

Oh now it makes sense why Australians enjoy gambling so much, I wish I also had to pay no taxes on my gambling winnings. In Germany we have to pay taxes on all type of winnings, that is why the government are pushing lotteries so much. Around 20% of all the money being put into the lottery is being transferred to the government. That's a very profitable business model for the state and I would never expect the government to ban gambling. Paying taxes on gambling winnings is kind of sad if pay attention to it, most of the winning payouts are already quoted after taxes. When it comes to casino winnings we need to declare them ourselves and if we try to hide them it could be a problem during a special audit.

Seems bigger taxes with 20% in your country and possibility to duplicate account without use your country IP? if in your position I am not happy have to pay 20% taxes when getting winning in platform gambling but what happen when loss and there are not refund with fewest percent  . Seems enjoyed with Australian gambler because they don't have to pay taxes fees for government when winning in gambling platform, but the gambling platform is legal or illegal website there?

Some countries not legal with gambling platform and banned all website have connected with gambling, seems if countries not allowed with gambling not have to pay taxes yet but little difficult with IP access have to use VPN.

[ololajulo]

There is a tax on gambling in Nigeria, and the Federal Inland Revenue Service (FIRS) enforces the relevant tax laws. Gambling operators in Nigeria are required to register and pay taxes on their profits under Nigerian tax laws. In Nigeria, gambling operators pay different taxes based on the type of gambling activity they engage in. For instance, the tax rate for sports betting is 7.5% of the total turnover, while the tax rate for casino gambling is 5% of the total turnover.

[Reatim]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

you are risking your money but you are also taking chance to double it or even making it multiple times so what is the problem with taxation?

and also in every profiteering , the government  must have a cut and that is for the economy , don't feel bad about taxation and be thankful that in your country there are no taxes not like in ours yet ? we are enjoying our gambling.

[Maus0728]

Lucky for us here in the Philippines that we don't have such a law of taxing gambling winnings. If the government decides to tax our winnings then probably most of us will stop gambling or maybe corruption will arise because many will bride the tax collector just to pay small amount as tax.

In our country where cockfighting is legal and some cockfighting enthusiasts will win a couple of million of pesos within a day then that could be huge money for the government.

The taxation of gambling winnings in the Philippines is a subject of debate, as the country's tax code lacks clarity on the matter. However, it is important to acknowledge that all gambling winnings are subject to taxation, and the specific amount owed depends on the type of gambling activity and the total amount won.

As far as I know, if an individual's gambling winnings are below PHP 10,000, they will be required to pay a 10% tax on the earnings, and 20% if however, their gambling winnings exceed PHP 10,000. It's worth noting that if an individual wins at a casino, the operator is responsible for reporting the winnings to the Bureau of Internal Revenue (BIR). However, it's unclear what the tax implications are for winnings obtained from offshore casinos.

It's important to mention that small-scale gambling games commonly found in local neighborhoods are exempt from taxes. These include raffles, small-scale lucky draws, and bingo or any other gambling games that can be found on the streets.

If there are any instances of tax evasion, it is likely due to the law not being restrictive enough.

[elevates]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

I am not sure why Australia does not tax gambling earnings but in my country which is India gambling is illegal in a few states online gambling is legal to an extent for which the government charges a 30 percent tax on earnings. They charge the same percentage of tax for cryptocurrency earnings as they believe crypto is gambling.

[Peanutswar]

My country does not gave any tax for the cryptocurrency gambling winnings actually they don't make any move right now for those gambling casino platform instead they are just.focusing with the physical casinos by this the player like us in the crypto gambling does not make too much payment with the winnings more likely we are paying is with the services we are using for example from crypto currency into fiat currency. I always do is to Gambling to my exchange into my crypto to fiat so more likely in transaction fees.

[swogerino]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

Where I am they don't tax people who risk their money but they do tax a lot the casinos and gambling houses and this in turn is translated to bigger house edges compared to other countries when talking about casino games which has a house edge.There was a time when the operators wanted to put a percentage tax on sport bet winning tickets like 2-6% of the winning to go to the house but they saw that people left such platforms in favor of ones who did not apply this and as such this was never implemented for real.

When it comes to government forcing taxes on us,no they don't do it,some years ago they ban them completely but people still found ways to play and recently they are not banned anymore.

[Japinat]

There are no taxes in our country for gambling. It's the gambling operators who pay significant taxes as they win most of the time. If gamblers were required to pay taxes, that would be a double burden, as most gamblers lose money. Moreover, many people in our country do not make a lot of money, the inflation rate is high, and many are struggling financially. Hence, gambling is not really promoted, and only a few gambling operators are running their business legally.

That's why I mostly use a crypto gambling site, so I can gamble freely.

[Cantsay]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

Come to think of it, I haven't really been concerned about the government and its tax on gambling. Or maybe it's because of the little amount of time I spend on gambling and also because of the small funds I use to gamble that's why my mind haven't been to the tax that's been charged.
I guess they those in charge of the gambling site or casinos might be asked to pay taxes but for gamblers I doubt that they pay any taxes for gambling.
It's gonna be hilarious if you are made to pay tax after losing all your money to the casino.

[Yogee]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).

I read up a bit on this. It's not that absolute since the law says it depends if you're a professional gambler or just a casual punter. Needless to say that it's the professionals who are charged with taxes on winnings but the different criterias on who are pro gamblers are a bit vague for me.

[Cookdata]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

The US will tax anything that comes with profits, and that's why I love Africa as a whole because the citizens wouldn't accept this. In my country, your net gambling winnings are not subject to taxation under the law, not even withdrawal fees when you withdraw your money using Fiat because it goes straight to the bank. The only tax you pay is VAT, which is usually levied against everyone when their income exceeds a certain amount.

The US can tax anything as long as the citizen is bringing money into their country, which seems cruel to me, perhaps because I'm not used to it and my country doesn't operate that way. However, when I give it some serious thought, the citizens are benefiting from all of their taxes because they receive basic and social amenities for their money, unlike in Africa where things are not really working that much.

[Distinctin]

If I keep winning, then I'm okay with paying taxes to help the government. Unfortunately, if I check my overall performance, I'm at a net loss. So, how can I still play for the taxes? Countries that require gamblers to pay taxes may be using it as a way to minimize public interest in gambling. They may also be sending a message that only those who can afford to gamble should do so.

However, this approach does not work in poor countries where the poverty rate is high. Some countries even ban gambling as it's a main reason why people get into loans that could destroy their lives.

[uneng]

There is a regulation in development right now in my country which will force gamblers to pay 30% of their winnings as taxes to the government, that is the same percentage of taxes someone who plays and win at the federal lottery also has to pay. Now they are increasing the range of effect of this law to online gambling as well.

In my opinion that is a very expensive tax, considering most gamblers won't be able to win on long run, and the few who will be able to do this, will have to give up 1/3 of their prize to the government, which didn't take any risks to grab that sum of money, while the gambler took all the risk by himself.

[QueenVera]

There is a tax on gambling in Nigeria, and the Federal Inland Revenue Service (FIRS) enforces the relevant tax laws. Gambling operators in Nigeria are required to register and pay taxes on their profits under Nigerian tax laws. In Nigeria, gambling operators pay different taxes based on the type of gambling activity they engage in. For instance, the tax rate for sports betting is 7.5% of the total turnover, while the tax rate for casino gambling is 5% of the total turnover.

From your post, it seems it's the responsibility of the house to pay the tax and not tye players I guess and if it's so then I have no issues with taxation then but on the other I thought the taxes was to paid by the gambler after winning a bet and it didn't seem right with me paying any tax on my winning when the government isn't taking any part in my losses, so they shouldn't be part of the winnings.

I also think 7.5 percent tax is way too much for a casino who has other things to meet up with and there is no way it would be easy for the house, no wonder we don't have much of these casinos in my country because the law is already high on them and they don't want to be victimized.

[Lucius]

If, for example, I were to win 10 million EUR on the EuroJackpot lottery, I would pay a tax of 30%, and that is the maximum amount of tax that ranges from 10-30%, depending on the amount you win. When it comes to sports betting, tax is paid on all winnings (automatically - they take that amount from you when paying) and that tax amounts to 10% on every winning up to approximately EUR 1500, and the higher the amount, the higher the tax.

In addition, an additional 5% is paid when making a payment (manipulative cost) when it comes to sports betting.

[NeilLostBitCoin]

Yes, our country tax gambling winnings. For Lottery, Casino games, and e-sabong (online cockfighting), the tax would be a 20 percent withholding tax if it exceeds 10,000 in Philippine Pesos approximately ($185). I'm sure many people in our country don't pay taxes from winnings in gambling unless it's enormous. You can't avoid tax for sure if you win the lottery.

[Awaklara]

I'm curious as to how many other users have to pay taxes on their winnings.

each state has its regulations to govern gambling. if they legalized gambling, of course, the government would have to tax the gambling industry as well. and I think that's fair. it would be different if taxes were imposed for countries where gambling is prohibited. it just doesn't make sense.
it will be like when we eat in a restaurant. we also have to pay taxes for what we eat, or where we eat. it's also like us buying a car, the government legalizes its residents to own a car, and of course, some taxes must be paid.

[Slow death]

in the case of my country, the government does not charge tax to the lottery winner, for example, but the government charges tax when the person buys the lottery ticket, the lottery company when they sell tickets they put a ticket price that already includes the tax, that's why when we buy a ticket we don't realize that in my country. physical casinos pay tax in my country and it is 20% annually and there is a tax they pay every 15, but it is a very small percentage, the government of my country adopted this measure to encourage many people to open many casinos in my country parents to make my country's tourism sector a very competitive sector and attract many tourists

maybe that's the only good thing my country's government has done, because they are greedy and I imagine that the casinos and hotels in my country belong to the people of the government and political party that has been governing for more than 40 years and nothing changes, everything gets worse. I doubt that any poor person can go to the casinos in my country to play, the few poor people who go to the physical casinos in my country are people who steal, rob and kidnap other people

well, for now we don't pay tax in my country, only casino owners pay, but unfortunately physical casinos in my country are only for rich people

[pawanjain]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

Yes it does. I live in India and we have taxes on gambling and we have taxes on crypto incomes.
Taxation on gambling income is around 31.2% in India while other crypto income is taxed at 30%.
So it's quite unclear whether crypto gambling would be taxed at 30% or 31.2%.

[coin-investor]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

You're lucky that your country is not taxing you on your gambling winning, here in our country, lottery winning of $200 or more are subject to a 20% tax which is very huge but the lottery here in our country is government funded and run and a huge portion goes directly to social health for those in needy I don't mind at all because I once get help from these government agencies, I have a lot of friends who are addicted to playing lotteries because they want to win and at the same time they want to contribute to its revenues where the poorest of the poor are the one who benefits.

[Hirose UK]

My country prohibits gambling and no one dares to publicize betting or casino activities.
There are one or two online casinos in my country but they don't have a license and it's just a matter of time for them to be shut down by the government.
The government and legal parliament of my country are fighting all forms of gambling even if someone is caught with evidence then a prison sentence will be given.
So there is no tax on gambling winnings earned by my citizens.

[CarnagexD]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

Yeah, Philippines does. I don't see it it as a penalty, it is more like an obligation to pay tax from all sources of income, legal or illegal. It just becomes impractical and challenging to collect income taxes from illegal winnings because it is not regulated by the government. The usual reason why Filipinos get mad when we have high income taxes to pay is because we cannot see where the taxes are going or if we do, it falls in the wrong hands and places.

[YOSHIE]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).

As far as I know, every illegal activity is not included in the government's tax data, not only Australia, my country is the same, the gambling industry is illegal, so there is no tax on winnings.

However, even though the majority of industries operating in my area are illegal, there are gambling websites that are protected by local authorities in secret, whether gambling sites are taxed I don't know for sure, it seems that maybe the tax was imposed on the gambling site illegally too, what is certain is that the gambling site is free to operate, even though it is illegal.

Overall I don't trust the tax authorities in my country, whether they collect it or not, there are many corruption cases there, the important thing is I bet on the gambling site and win without tax deductions.

[robelneo]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

All fiat-based gambling platforms here in our country are being taxed by our government badly needed money so they go for taxes, the only platform that they dd not or so far did not taxed are Cryptocurrency online casinos because our government is concentrating on everything physical to tax that they forgot or have not found a way yet to tax online casinos that are located offshore, but local online casinos are already taxed.

[Gozie51]

You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

The government usually don't concentrate on the winning to tax on it because that may not be easy to ascertain. The government that levy tax on gambling do that at the point of withdrawal which could be through income tax. That is it is charged as an income levied and not on how much won but how much you want to withdraw. In my country it is not a known phenomenon that tax are charged on a winning withdrawal especially if it is very minor and may not need KYC or any other form of identification but if it is huge amount that has to be moved out from the bank, maybe some form of tax on the money may be levied. Apart from the gambler, the owners of casino and gambling companies pay tax to the government and maybe such tax indemnify other forms of taxes from the customers.

[piebeyb]

in my country gambling is strictly prohibited even in fact gambling was very illegal in my country and also the government at that time got income from casino taxes and other gambling, but now gambling is completely prohibited in my country so don't know about it but if gambling is legalized of course the government will ask for taxes from casinos or gamblers' winnings the same as crypto exchanges in my country are taxed.

[Tumanggor]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

in my country, gambling is illegal so most players play in secret and if someone wins, the winnings tax will not be charged

btw, I'm curious about the reason behind Australia exempting taxes from gambling winners, does Australia have a target to become a gambler's tourist destination

[maydna]

I don't pay any taxes for the wins I get, which also happens to my friends who can even get big wins. But perhaps, in some countries, the winners are asked to pay a tax that I don't know what it's called. I think it might be related to the KYC done in the casinos so that if there is an increase in the balance in the bank account, the government can trace it. If they find out that the increase in balance is from gambling, the government can demand additional taxes to be paid. I also don't know what form the government requires the tax so perhaps, it will be different for each country that charges gambling winners taxes.

[virasisog]

In our country, there is a specific amount of gambling winnings that they will tax and even though they can't track crypto-gambling activities, we are still being taxed indirectly when we cash out through banks and other local cryptocurrency apps.
It's just a good thing that gambling is legal in our country but they only focus on fiat-based casinos. There's actually no problem in paying taxes in they will strictly require it but most gamblers don't declare their winnings.

[Yawa2020]

I don't get this whole thing... Wait! Are yo'll referring to gambling companies paying taxes or the gambler paying tax after winning? If it is the former, then it's fine since they are registered with government but if it is latter, how do they pay it? Like in which way? Is it deducted from the winning amount before they cash out to bank or after they cash out? I'm curious.

[Beparanf]

My country doesn’t have tax on online casino. Only physical casino, lottery and authorized e-games are being tax here. Our law maker is too lazy to create tax law on online casino that use cryptocurrency because they view crypto as risky assets that is not worthy to get any tax.

I believe US, EU and other first world country charge taxes on gambling and the rest of the 3rd world country doesn’t care at all to tax small time gambling profit.

[crzy]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

There’s no clear regulations when it comes to gambling profit in my country, or its just that we are not aware of the tax system in my country. I didn’t pay any taxes for my gambling winnings and most of the gamblers are also not paying any taxes. Maybe it can consider as illegal but the authority is not making effort to collect taxes, and that’s why many are not paying attention to this.

[bitzizzix]

In the country where I live there is no tax on gambling winnings, unless they are professional gamblers and make their living from the casinos then they have to pay taxes as if they were running a small business and just like any other small business.
and gambling winnings are taxable, and the amount that can be won before taxes are paid may vary by country and type of gambling.

[mbakruroh]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

Every country has different rules. We cannot criticize the rules of a country. In fact, in some countries, if you are caught gambling, you will be punished, not asking for taxes. Even within a country with different provinces have different rules. However, generally the tax is borne by the platform owner or casino owner, so that the platform or casino owner deducts the tax from the user. The average tax is 11% of the total withdrawal. But unfortunately, there are platforms that take taxes from deposits.

[Wakate]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

For now my country does not have a gambling tax on winnings and I think that collecting tax on winning bets is unfortunate and is not the best for gamblers like us. I can't just imagine how the government tend to collect these taxes whether they would collect it from the casino or individually. Government collecting taxes from there citizens especially for gambling activities is mostly done in the advance countries and not in a developing country whether things are not yet regulated in the appropriate manner.
With are living a free non tax lifestyle now as a gambler waiting for when thag time would come.

[Fesatmas]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

So far I have used local gambling that only uses my country's fiat currency, there has been no invite in terms of withdrawals so far, but I often find deductions by the gambling sites themselves, and they say it is a transaction fee.
But if I use gambling using crypto and then I want to exchange it if I win into my country's currency, it's the same as we transact crypto which is taxed on every transaction I make.
Taxes are indeed a problem if the rates charged are large enough, especially if the bets are made using large amounts of money. But whether it's ridiculous or not, I think the government also wants to profit from the wins of its citizens to supplement the state's income, because the money involved in gambling is quite high.

[Casdinyard]

Most governments will. USA's PowerBall and the Grand Lotto of the Philippines all tax their winners upon claiming of the prize. That's pretty normal.

But as for online gambling, I have no idea. Most of these games and casinos operate globally anyway, and are decentralized so they cover a vast range of countries but at the same time not bound by these countries' legislations and ordinances. So in the case of if I'm getting taxed for my gambling wins, other than the Purchase Tax I pay for when I buy stuff and services from the winnings I earn, I don't get taxed from it at all.

[livingfree]

No tax on where I am today.

I'm sure that it's sort of annoying to being taxed with the money that we're winning but that's a normal thing in many countries where gambling is like one of the source of the tax money.

That's why those heavy gamblers that are into this point of their lives that they're trying to avoid taxation, they gamble only on specific countries or casinos where they know that they are exempted.

[Agbe]

If you have a business, you still have to pay tax. Government do not care if you are making huge money or small money, all they care about is that you should obey the law.

Winning a gambling game or bet is not a business that government would be collecting tax. Government should only collect tax from the company and not the customers or the gamblers. If the gambler pays tax because he wins a bet, how much do you think will be left for him if he wins very small amount of money like $3?

It depends on the law the country has about paying gambling tax, but likely government like going for people that have huge winning that they can notice.

It is not ethical for government to collect tax from gamblers. If government collect tax from huge amount then what service the government is rendering back to the gambler in these countries. I strongly against that taxation.

[MarjorieZimmermanGinger]

You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

Likewise with the country where I live, for now there is no clarity regarding the gambling tax, but the government is trying to find ways for the tax to be imposed on gambling sites. The tax that will be charged is in the form of transactions or companies that carry out their business in the jurisdiction of our country.

Currently there are still many gambling sites that are blocked by the government, so that not much access is available for their users, but regarding taxes it is still in a gray area. Ideally gambling sites that have been registered must pay taxes to the government as well as transactions made by gambling connoisseurs.

[BitcoinGirl.Club]

So the money you send from the bank to the bookie, it goes directly to a government entity. Now you should get the idea of what's happening. You can't hide from the taxxxmannn

With those fiat bookies it's easy for them to keep track for your money but how about the crypto bookies. I don't think external source have much flexibility to see where the funds came from unless they know the deposit addresses that belongs to you.

Also how about betting in the stores where you go with cash, play slots, bets on sports with cash?

[AmoreJaz]

You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

Likewise with the country where I live, for now there is no clarity regarding the gambling tax, but the government is trying to find ways for the tax to be imposed on gambling sites. The tax that will be charged is in the form of transactions or companies that carry out their business in the jurisdiction of our country.

Currently there are still many gambling sites that are blocked by the government, so that not much access is available for their users, but regarding taxes it is still in a gray area. Ideally gambling sites that have been registered must pay taxes to the government as well as transactions made by gambling connoisseurs.

same here, as crypto regulation is not yet really established from where i am living today. also, if you are playing on a crypto casino where you are not required to do kyc, it means, you are fully anonymous, then, it is your prerogative if you want to declare your winnings to your government. because the govt won't know your winnings from a crypto casino unless you disclose it to them. that's the perks of using a crypto casino at the moment. so better take advantage of such perks.
however, if you won from a local physical gambling site like from the lottery, there's always tax that you need to pay even if you are non-resident.

[Baofeng]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

As far as I know, here in the Philippines, gambling winnings are not tax, and it was only the casinos and other gambling franchises are tax here, so I guess we are just lucky. But if I'm not mistaken, government as well is looking for online games to be tax, so let's see.

But I with you with those ridiculous taxes imposed by USA or any other country for that matter. I mean you bet and you win big, but the government will have a cut on it? not fair for us gamblers. But it is what it is for some of us here, they will have to pay tax so that they can continue with their gambling activity.

[lionheart78]

In my country Philippines, any winnings from gambling that exceeds Php10,000 (approximately $190) is subject to 20% tax pursuant to Section 24 (B) (1) of the national revenue code.  All winnings except Philippine Charity Sweepstakes Office and Lotto are taxable by 20%.  But so far in cryptocurrency gambling, there is no clear law about taxation on winning in crypto gambling platforms.  Since the Philippines hasn't implemented any form of tax on cryptocurrency.

[BitcoinGirl.Club]

In my country Philippines, any winnings from gambling that exceeds Php10,000 (approximately $190) is subject to 20% tax pursuant to Section 24 (B) (1) of the national revenue code.  

You seems to have worse taxation than mindrust LOL
His was at least anything ~ $1,200 but your seems to be taxed for every decent winning.

Interestingly still people gamble. I wonder how many of them show it to their accountants.

[famososMuertos]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

Well!  If you are from Australia you should clarify that if it is your profession, then you pay taxes.  Otherwise you don't pay as it's just a hobby.

In reality, each country establishes minimum amounts to be taken into account as income and after that pay the respective rates, there are exceptions, but the ideal is that us get advice and pay the corresponding taxes.

[Viscore]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

In our country Philippines, all forms of gambling are being taxable except for those not legalized games. Like for lottery, if your winnings will exceed 10k, they are subject for 20% tax deduction. But below 10k winnings, you can always claim the full amount of what you had won. I guess for me that’s not bad at all, at least you can always give help to the charity.

[bettercrypto]

As far as I know about online gambling before, our government did not collect tax from online casinos, but only from land-based casinos.

      But in 2021, if I'm not mistaken, there was a law to have a 5% tax on online casino apps that will be extended until now, it is applied to all legitimate casino apps even to every winner of a large amount in a casino.

[Lida93]

Am sure these tax levies levied on gambling winnings by some countries like the USA is not on all winnings. There are certain amount from which these taxes are levied on and this is same as taxing salary earners for the development of the community. The issue with OP not been comfortable about the taxation is that as gamblers we lose a lot of money to gambling so why would at a moment a win pops in then a tax is levied on it after the gambler must have incurred some losses in previous bets.. yea I understand the sentiment but it's just part of the gambling policies.

[STT]

The tax is not on customers but on the businesses where I live which is how all taxes should be done if it were levied fairly.    Until about 120 years ago income tax was not a thing most had to worry about, then we had multiple world wars that had to be paid for and so the common citizen became liable for governments costs there after.  It makes far more sense to place taxes on corporations with accountants and the ability to defer, handle costs properly.   
  This is still a valid tax on people because a business which is taxed must charge more in their product also, the money will come from somewhere.  However its far neater to do so this way.

[Don Pedro Dinero]

In Spain the legislator raised the limit for national lottery:

In 2018, the first 10k were free of tax.
In 2019, the first 20k.
Since 2021, the first 40k.

Any amount over that limit is taxed at 20%.

Yes, well, but the ridiculous thing about the case of lotteries in Spain is that the company is owned by the government, so it is a double taxation of those who buy lotteries, and, in fact, lottery prizes were exempt from taxation until 2013. In other words, the state on average keeps 30% of what it collects from the lottery. And on top of that it still charges you on the prizes.

Other bets different from national lottery (like poker, sports bets...) are free of taxes until 1k or 1.6k (it depends) but you have to pay between 19% and 45% for the surplus. The good thing is that you can deduct losses if you are methodical and you know how.

For the sake of clarification, the 1k or 1.6k you are talking about is tax free if you have no other income. In other words, if you have a job, like almost everyone else, you do pay taxes even on amounts lower than that, at the percentages you mention, which are the income tax rates.

[Chikito]

I'm curious as to how many other users have to pay taxes on their winnings.

We don't pay taxes because gambling is illegal in our country, but it certainly would be their own big mistake if the government doesn't pay attention to this because the casino is one of the biggest state income that can build, and make massive development. In fact, a long time ago, our capital city was like this because the previous governor implemented casino taxes to build the capital city. That tax implementation was successful despite much controversy from opponents.

And, I just think if our country implements casino tax, maybe the development will be evenly distributed in every place, because if I see a lot of gambling behind.

[bisdak40]

Lucky for us here in the Philippines that we don't have such a law of taxing gambling winnings. If the government decides to tax our winnings then probably most of us will stop gambling or maybe corruption will arise because many will bride the tax collector just to pay small amount as tax.

In our country where cockfighting is legal and some cockfighting enthusiasts will win a couple of million of pesos within a day then that could be huge money for the government.

The taxation of gambling winnings in the Philippines is a subject of debate, as the country's tax code lacks clarity on the matter. However, it is important to acknowledge that all gambling winnings are subject to taxation, and the specific amount owed depends on the type of gambling activity and the total amount won.

As far as I know, if an individual's gambling winnings are below PHP 10,000, they will be required to pay a 10% tax on the earnings, and 20% if however, their gambling winnings exceed PHP 10,000. It's worth noting that if an individual wins at a casino, the operator is responsible for reporting the winnings to the Bureau of Internal Revenue (BIR). However, it's unclear what the tax implications are for winnings obtained from offshore casinos.

It's important to mention that small-scale gambling games commonly found in local neighborhoods are exempt from taxes. These include raffles, small-scale lucky draws, and bingo or any other gambling games that can be found on the streets.

If there are any instances of tax evasion, it is likely due to the law not being restrictive enough.

After some research, i did know that there is a law regarding this "winnings" taxation but i guess it is not strictly implemented by the appropriate agency.

With my experience when i won 60K Php on swertres, there was never a tax implemented, i even got my winnings from PCSO office here in our place.

Like i said above, if the government will strictly implement this law, they can tax substantial amount of money in cockpit arena as some people there (some government officials) will win more than a million pesos in just one session/one night.

[Fundamentals Of]

Wow, I wanna live in Australia. That's actually fair because the money that you bet is already taxed most probably because it is coming from your income, whether it is from your salary or from a business.

In my country, gambling winnings are taxed. I am not paying for it though. My winnings are always small anyway. But the law actually provides that gambling winnings should be treated as a normal income so it is also taxed as a normal income. The percentage may vary though. It would depend on the amount.

[aioc]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).

That's what some gamblers want to have in their own country tax free gambling winning so you can enjoy it all

I know the USA has gambling taxes and I think it's ridiculous.

It's also ridiculous here in our country, they are taxing 20% even if the winning is only $300

You are risking your own money and if you win you are penalised.

That's what the government is good at doing, taxing everything we enjoy, its something that will not change, all things can change but never government taxes.

[Hispo]

I think that here in Venezuela the government only taxes the casinos and places where people gamble, the operators and owners of those places. It is between 10-15% of casino winnings.

On the other hand, I have not heard or seen people being taxed from their winnings, so I am not sure if it happens, it probably does not, since our government is more used to taxing businesses over individuals.

Taxation here is also difficult to enforce and track on individuals as well.

[bittraffic]

I think that here in Venezuela the government only taxes the casinos and places where people gamble, the operators and owners of those places. It is between 10-15% of casino winnings.

On the other hand, I have not heard or seen people being taxed from their winnings, so I am not sure if it happens, it probably does not, since our government is more used to taxing businesses over individuals.

Taxation here is also difficult to enforce and track on individuals as well.

That's what I know too. Same for the state government lottery where people who won will have to pay huge taxes for it. I was thinking why they would tax those when it's already from the government. People who are buying lottery tickets are already helping the government by participating but they were still taken advantage of after winning.

The real casinos will have no complains about the taxes, they are businesses no different from those malls and stores.

[Hispo]

I think that here in Venezuela the government only taxes the casinos and places where people gamble, the operators and owners of those places. It is between 10-15% of casino winnings.

On the other hand, I have not heard or seen people being taxed from their winnings, so I am not sure if it happens, it probably does not, since our government is more used to taxing businesses over individuals.

Taxation here is also difficult to enforce and track on individuals as well.

That's what I know too. Same for the state government lottery where people who won will have to pay huge taxes for it. I was thinking why they would tax those when it's already from the government. People who are buying lottery tickets are already helping the government by participating but they were still taken advantage of after winning.

The real casinos will have no complains about the taxes, they are businesses no different from those malls and stores.

In my opinion, people who partake in gambling and sport-betting should get to pay less of their winnings in form of taxes, it does not make much sense, because we are literally expecting to lose the totality of our wager and yet, the state expect a steadily and secured stream of money from all of us. 

I have seen videos on how much people who won the lottery in USA ended up paying, and it just feels unfair.

[LUCKMCFLY]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

So far I have used local gambling that only uses my country's fiat currency, there has been no invite in terms of withdrawals so far, but I often find deductions by the gambling sites themselves, and they say it is a transaction fee.
But if I use gambling using crypto and then I want to exchange it if I win into my country's currency, it's the same as we transact crypto which is taxed on every transaction I make.
Taxes are indeed a problem if the rates charged are large enough, especially if the bets are made using large amounts of money. But whether it's ridiculous or not, I think the government also wants to profit from the wins of its citizens to supplement the state's income, because the money involved in gambling is quite high.

In the country that I live, taxes are not paid for playing in a casino either, what I did not know is that other countries have these strong policies, I really do not know if it is good or bad, but what is presented in these things can These are statements that turn out to be quite strong and sometimes they are strange, I know that in Chinma things are much more controlled, in the USA too, because for anything they ask for a good statement of what is spent or not, which, well, not I totally agree, a government always has money inflows, so have fun too? it's pretty strong stuff.

[wxa7115]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

Where I live there is not a standard regulation when it comes to those taxes as they are managed at the state level, so there are some states in which there is no gambling tax at all if you happen to win, but there are some other states in which the taxes can be as high as 30%.

And while I find this nothing ridiculous as well, as it does not makes sense to me for such a huge tax to be in place, there is not much to do except to avoid the jurisdictions in which those taxes apply.

[BobK71]

If you win, you have to pay the taxes and don't have to pay if lose. The government of every country here should determine the tax only from the gambling sites. However, the gambling is not yet approved in many countries of the world. There are a lot of gamblers who manage gambling online. Moreover, the government will not be able to find them if they want. Because many people are using VPN even despite the risk. They have no way to gamble accept in this process. It is not logical to determine such tax from the gamblers. However, if they can impose a little tax on a large amount of jackpot winner or a specified amount. However, I am not in favor of taking tax from the gamblers.

[Kakmakr]

I think it is unfair if you lost say $10 000 and then suddenly win say $5000.... and then they expect you to pay taxes on the $5000 that you have won, but unfortunately that is how it is working in my country.

The online gambling provide nice bet history for you to use, but they do not want that, they are just interested in your winnings. I have heard that they are in the process of changing this, because they want to tax crypto winnings as capital gains. 

[blockman]

In my country, it's mostly taxed but it all depends. If the casino says that it's all tax-free then they'll be the one to shoulder it or it's actually tax-free. But if you haven't heard any word from them that your winnings are tax-free then you know what it is, it's taxable.
That's how the gambling winnings do happen in our country but at most time, they're all taxed.

I think it is unfair if you lost say $10 000 and then suddenly win say $5000.... and then they expect you to pay taxes on the $5000 that you have won, but unfortunately that is how it is working in my country.

The online gambling provide nice bet history for you to use, but they do not want that, they are just interested in your winnings. I have heard that they are in the process of changing this, because they want to tax crypto winnings as capital gains. 

I think that there's an exemption on this and there will be some rules applied so that the gambler wouldn't be shouldered a lot just because of winnings are taxable. As long as you'll be able to declare that to the bureau then I think that you'll be spared if that's the case.

[davis196]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

There was an old forum thread about the same subject. Perhaps you could search the forum instead of creating new threads about old topics.
Anyway, all gambling operators in my country pay a 15% revenue tax and all gambling winnings are treated like income, which is a subject to a 10% income tax. I guess that Australia doesn't have specific gambling taxes, but the gambling winnings have to be declared and taxed as income.
Risking your own money doesn't mean that they should be tax free. Many countries have capital gains tax, investing your capital in stocks and bonds can also be considered "risking your own money".

[Fiatless]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

In my country, most of the taxes we pay are collected indirectly. You might not pay the tax directly from your wins but the casino will collect the tax on behalf Of the government and remit it to them at the end of the month. The banks will also collect tax from you when your wins are paid into your account. I also see this as double taxation which is very wrong. You can add up your losses as expenses on your personal or corporate tax returns because gambling is seen as a business or profession. This entails that your losses can be deducted from your income as expenses before your payable tax will be derived.

[Hirose UK]

In my country, most of the taxes we pay are collected indirectly. You might not pay the tax directly from your wins but the casino will collect the tax on behalf Of the government and remit it to them at the end of the month. The banks will also collect tax from you when your wins are paid into your account. I also see this as double taxation which is very wrong. You can add up your losses as expenses on your personal or corporate tax returns because gambling is seen as a business or profession. This entails that your losses can be deducted from your income as expenses before your payable tax will be derived.

If that's true, then the tax deduction includes quite a large amount of every win you get because the tax is taken twice from the casino and bank that you use.
It's not that a win tax policy like this is detrimental to gamblers because gamblers can win once, not necessarily that victory covers previous losses, so even if you win you still experience losses.
This winning tax seems to be used by the government of your country so that they can make money from their citizens who gamble.

[Porfirii]

In Spain the legislator raised the limit for national lottery:

In 2018, the first 10k were free of tax.
In 2019, the first 20k.
Since 2021, the first 40k.

Any amount over that limit is taxed at 20%.

Yes, well, but the ridiculous thing about the case of lotteries in Spain is that the company is owned by the government, so it is a double taxation of those who buy lotteries, and, in fact, lottery prizes were exempt from taxation until 2013. In other words, the state on average keeps 30% of what it collects from the lottery. And on top of that it still charges you on the prizes.

Don't forget that, to this percentage, we should add the Impuesto de Valor Añadido (VAT) because, what you want the money for? we all want the money to purchase things and services. So in the end the 30% becomes more than a 50% that goes to the State through direct and indirect taxation. Well, at least we have free healthcare.

[MiliMil]

There was an old forum thread about the same subject. Perhaps you could search the forum instead of creating new threads about old topics.
Anyway, all gambling operators in my country pay a 15% revenue tax and all gambling winnings are treated like income, which is a subject to a 10% income tax. I guess that Australia doesn't have specific gambling taxes, but the gambling winnings have to be declared and taxed as income.
Risking your own money doesn't mean that they should be tax free. Many countries have capital gains tax, investing your capital in stocks and bonds can also be considered "risking your own money".

Losses on stocks and bonds are tax deductible and in some instances you can use the losses to offset against future capital gains so that part of your argument is irrelevant.

I wouldn't bother gambling if I had to pay taxes. It's hard enough to be profitable, and to be expected to forfeit a percentage of your winnings to the government would be a joke that would turn many people off of gambling.

[tusandii]

There are some taxes that are required by the government of the country where I live in relation to gambling but the tax that is required is not a tax on gambling winnings but a tax on local casinos or existing local gambling establishments.
The government asks for taxes in exchange for being able to guarantee the security of casinos or gambling places so they can escape the clutches of applicable law and argues that tax money is used for state budget revenue because the country where I live actually prohibits gambling.
I don't know whether the government's motive is to make taxes a source of state revenue or just for itself without anything being included as a source of state revenue.
Usually casinos pay state taxes from the cost of every withdrawal or deposit transaction that gamblers make.

[Z390]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

There is one reason why I still feel like I may never travel to America one day, the tax part is the reason why, they tax almost everything that brings in money for their people, is this how America survived? Because it's like they are living off this people with tax, yet many things are happening in the country, some people are still treated unfair and there are some hate on black people too, I am sure that gambling companies in America, especially in Las Vegas are all paying big taxes.

[Twentyonepaylots]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

In our country, any winnings from gambling that is below 185 USD is non taxable. If you exceeded with that, it is subjected to 20% flat rate that is based on the net value of winnings that considers the losses. I think there is tax since most of the gambling institutions are regulated by the government so they automatically deduct the taxes upon release of winnings. But in other cases, I think most people don't declare their winnings. I think it is right that government should tax it since it is still an income. Yes, you are risking your money, but then it is still considered as income since you might use it for your needs and wants. Well, that's just my opinion, but I can't blame those who complain on taxes since corruption is rampant and you can't really tell if it is worth to pay your taxes anymore.

[AHOYBRAUSE]

My country wants to , but I left it years ago.
It's ridiculous what they are cooking up in Germany.

I mean 5% since some years ago on any sports bet was just the beginning. That made Betfair exchange leave the market, what a shame.
But even making this for poker is just ridiculous. Pokerstars made special rules/tables for Germans, what a joke.

Of course they just want to get the tax, win or lose. And obviously it's not deductable if you lose anything, just like investments.

You win, they want to take a cut, you lose, well....bad luck.

That's a real scam in the casino business.

[gabbie2010]

In the country where I live there is no tax on gambling winnings, unless they are professional gamblers and make their living from the casinos then they have to pay taxes as if they were running a small business and just like any other small business.
and gambling winnings are taxable, and the amount that can be won before taxes are paid may vary by country and type of gambling.

My country also operate on no tax on gambling winnings except the gambling sites that are taxed annually by the government revenue service, gamblers are expected to transfer their winning from their gambling wallet to their bank accounts without any tax deductions, I read stories about tax deductions by US government on gambling wins which mean that is how there government operates and revenues generated are judiciously used by the government to provide basic infrastructures for the country which is highly commendable, however professional gamblers in US would have to relocate to a tax-free country.

[Oasisman]

There's gonna be a law to most countries in the world regarding the taxation of income including the winning in gambling. In my country the government will impose a tax for a winning above $200. Above that amount, they will cut 20% tax from your winnings, and yeah I know it's ridiculously a huge amount of tax. It's even more ridiculous when it's your hard earned money getting taxed and you don't see any significant improvements in your country lol.

[Wiwo]

I don't think the government in my country is taxing gambling winning since I have not heard anything of such, I don't know maybe it is subject to only big winning.

-But we have what we call income tax, this tax is a deduction of a certain amount whenever your bank account gets credited with funds.

[nimogsm]

Yes, in my country (Ukraine) there is also a tax on profits from the game.There are several types of them,like lottery slot machines and sports betting,etc.
The tax is 19.5% on profits and is effective from the amount of 1500 dollars.
For slot machines,the tax is 10% on winnings + 19.5 if the amount is more than $1,500.On lotteries 30%

[Crypt0Gore]

In my country only those who have a gambling business are paying taxes, they players or gamblers are free to play, even if they win big amounts of money they are free to take it all, but I prefer gambling on my phone without anyone knowing how much I am making or losing, because if you win and it goes out in the public you are in for some possible danger, some gang lords will come knocking at your door or cross you on the street, they will ask you to give up some money for them.

This reason was why I wasn't into gambling because there was no online gambling at the time, you will have to visit the gambling den and if you win any money some people will want to forcefully take a part of the money.

Avoid going to any gambling location, it is not safe.

People are poisoned here after they win some money and decide to celebrate it among their friends, there was a case that a friend posing is other friend who won big money through bet and he was caught and arrested, he later confessed he did it because of jealousy.

When you win a large amount of money, keep the good news to yourself.

[piebeyb]

I don't think the government in my country is taxing gambling winning since I have not heard anything of such, I don't know maybe it is subject to only big winning.

-But we have what we call income tax, this tax is a deduction of a certain amount whenever your bank account gets credited with funds.

maybe in other countries because every country has different regulations, it's actually strange that big wins are subject to individual tax which in my opinion should only be borne by the casino, but sometimes there aren't exactly the same rules so what we think is strange but the rules it really does exist in certain countries. Income tax exists in my country too and it makes more sense than gambling winnings tax  

[kenshi222]

It was good news for the gamblers in Australia,Australian government made a good tax importance for the people interested on gaming.Because gaming and gambling are important one,government should allow the people to involve in such activities,because it reduces the stress of the people in their country.When the stress level of the people was reduced,they automatically involved in money giving occupation.Which further increases the economy of their Nation.So this tax reduction should be done on gaming platforms.This also includes the offline betting of the betting included the animals.

[Helena Yu]

I think any countries which have a taxation rule about gambling will be charged high because the government think it's easy to make money there since it doesn't need a lot effort, although they're not quite right because not all gambling games are lucky based, the other games e.g. poker, sports etc need to have a skill and analysis. There are also countries which ban gambling, they can gamble on the crypto casino because the country isn't blacklisted, but the country is blacklisting about gambling. So it doesn't make sense if they want to pay gambling tax since he might go to jail.

[CarnagexD]

I know the USA has gambling taxes and I think it's ridiculous.

Lucky for us here in the Philippines that we don't have such a law of taxing gambling winnings. If the government decides to tax our winnings then probably most of us will stop gambling or maybe corruption will arise because many will bride the tax collector just to pay small amount as tax.

In our country where cockfighting is legal and some cockfighting enthusiasts will win a couple of million of pesos within a day then that could be huge money for the government.

I think you've got it wrong. Cockfighting here in the Philippines is subject to 5% final tax. The 5% amount of their winning is withholded by the establishment therefore the amount given to the winner is already net of tax. Even online sabong winnings is subject to final tax. But it becomes complicated in collecting taxes from illegal cockpits since those are not regulated by the government.

In my country only those who have a gambling business are paying taxes, they players or gamblers are free to play,

It does look like that but in reality, it is the players who pay the taxes that the gambling business owners submit to the BIR. Business owners deduct the amount of tax payable to by the winner before giving their money from winning. Failure by the business owners to do this will cost them penalties.

[wiss19]

That's nice to hear OP, that only means that you can enjoy all your winnings especially if you win big amounts like in a lottery because here in our country, the cut for a jackpot win is crazy. They promise that a portion of the winning will go to a charity but I think they don't show any solid proof like a receipt that it really go to a charity.

I am talking about the local lottery here but crypto gambling here must be free from taxations, this is why I only gamble on crypto casinos. One of the advantages of winning huge in a crypto casino is that you can get your winnings in an instant. You can get ask for a KYC but you are still anonymous from the public. This gives you a sense of security.

[xSkylarx]

It is also tax-free here in our country because if you win the lottery here, you can claim the exact amount you won without any fees or taxes, but when you spend it on assets like land, a house, or a car, those will be subject to tax. I am also not sure why other countries are asking for tax on it; it is like you can't feel like you're winning because you thought you won that exact amount but not because tax still needs to be deducted.

[kamvreto]

~snip~I am talking about the local lottery here but crypto gambling here must be free from taxations, this is why I only gamble on crypto casinos. One of the advantages of winning huge in a crypto casino is that you can get your winnings in an instant. You can get ask for a KYC but you are still anonymous from the public. This gives you a sense of security.

Gambling using crypto is quite popular now and it provides the advantage of faster withdrawals. But when it comes to taxes, they are usually deducted on the Exchange used to make exchanges with Fiat. However, for the gambling website itself, there are several policies regarding the taxes or fees required. and for KYC, some crypto-based online casinos do not require any KYC, but with a maximum withdrawal amount specified.

[Strongkored]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

That's good for you, especially if I look at the other threads that you made, you are not a small gambler because it involves quite a lot of money so because your country doesn't taxes gambling, so you will receive full profit.
As far as I know, there is no tax for gambling in my country, but because there are other regulations regarding taxes, for example, income tax and luxury goods, it means that it is still possible to pay taxes if the income is very large and reported, but we can still be tax-free if we don't report it at the time when it is mandatory to report it, but goverment now trying to make regulations for taxable online gambling, both for online gambling owners and players but what percentage and how it all works are still being studied, the government understands very well the amount of money circulating in gambling which, if taxed, will provide large income for the country.

[goldkingcoiner]

I live in Australia and we have no taxes on all gambling winnings (lottery, hose racing, sports betting and casinos).
I know the USA has gambling taxes and I think it's ridiculous.
You are risking your own money and if you win you are penalised.
I'm curious as to how many other users have to pay taxes on their winnings.

My country taxes everything and everyone and then everything again. I am not sure how it taxes gambling winnings or how much but I am 100% sure there is a tax.

I am actually quite surprised that there are countries that do not tax gambling profits. I understand if there is a minimum that is not taxed but if you are a multi millionaire who wins hundreds of thousands or even millions of dollars every day, then how is it that your government does not expect a piece of the pie?

I know for a fact that in Australia the casino is taxed, so perhaps the casino demands some kind of charge from their customers to even out the profits?

[noorman0]

-snip-
I wouldn't bother gambling if I had to pay taxes. It's hard enough to be profitable, and to be expected to forfeit a percentage of your winnings to the government would be a joke that would turn many people off of gambling.

If taxation was the norm for a player to comply with for all sources of income, it probably wouldn't be a concern to be tax compliant as long as it was within a reasonable percentage limit, say no more than 10% of winnings.
Some countries tax gambling winnings relatively high which is frustrating for some gamblers, such as the US where it can tax up to 30% for non-resident gamblers.

[MarjorieZimmermanGinger]

same here, as crypto regulation is not yet really established from where i am living today. also, if you are playing on a crypto casino where you are not required to do kyc, it means, you are fully anonymous, then, it is your prerogative if you want to declare your winnings to your government. because the govt won't know your winnings from a crypto casino unless you disclose it to them. that's the perks of using a crypto casino at the moment. so better take advantage of such perks.
however, if you won from a local physical gambling site like from the lottery, there's always tax that you need to pay even if you are non-resident.

Even though there are still many sites that are blocked, we still have a way to enter these gambling sites, right? That's the case in my country, even though many sites still don't get permission, but there are ways for people who want to use.

VPNs are an alternative to circumventing blocked sites and most people do that, the anonymous nature will never be noticed by anyone, but when you make a winning clamp and withdraw your balance to the bank, that's where it will be taxed according to the rules. Systems that have been integrated with one identity data gate will usually be monitored, especially if we often deal with money that is converted to the bank, it is different if we play physical gambling such as lottery and other gambling.

[carlfebz2]

same here, as crypto regulation is not yet really established from where i am living today. also, if you are playing on a crypto casino where you are not required to do kyc, it means, you are fully anonymous, then, it is your prerogative if you want to declare your winnings to your government. because the govt won't know your winnings from a crypto casino unless you disclose it to them. that's the perks of using a crypto casino at the moment. so better take advantage of such perks.
however, if you won from a local physical gambling site like from the lottery, there's always tax that you need to pay even if you are non-resident.

Even though there are still many sites that are blocked, we still have a way to enter these gambling sites, right? That's the case in my country, even though many sites still don't get permission, but there are ways for people who want to use.

VPNs are an alternative to circumventing blocked sites and most people do that, the anonymous nature will never be noticed by anyone, but when you make a winning clamp and withdraw your balance to the bank, that's where it will be taxed according to the rules. Systems that have been integrated with one identity data gate will usually be monitored, especially if we often deal with money that is converted to the bank, it is different if we play physical gambling such as lottery and other gambling.

Yes, we do know that we could always have that solution for any possible problem that we could encounter specially when you do get blocked or restricted on a certain site access then VPN would be the most viable and common way on where people would be solutioning out that kind of problem but of course we arent that dumb not to know on what are the possible consequences once we do get caught.

In regarding about OP been asking about taxation on winnings then its not really that much something that could happen since government couldnt really be able to trace up on whose been playing some
gambling on their vicinity specially if its done digitally, there's no way for it to be detected or could really be known.