Those your government also tax wins from your bet.

[wozzek23]

In my country they tax you from your every win you got from betting, in Nigeria a 5% withholding tax is deducted at source from winnings by betting operators for residents, while a 15% rate applies to non-residents.

5% is even better, what if the tax will be increased to 15 to 25% after the new tax begin in 2026?

Do you not know that the government are scammers in some areas? If you lose, they will not care, but if you win, they will tax you. Gambling taxes should only be for the gambling sites and not for gamblers.

Then that is a disaster. We can only hope that it doesn't go like that but we even need a decrease. It wasn't 'Scammer' is the term for the governments but it is Corrupt. Both are still worse though. We should still be thankful that only wins are being taxed and not the loss too, although it make sense because where we can get a money if we are losing anyway?

Although some might still have a money left in their banks and main wallets. So, tax is like their fee in order to play gambling. Taxes is usually for business or operators only but things have change slowly. Taxes are now being charged too for some employees, to the consumers, and now here in the crypto world, also to the gamblers.

[|MINER|]

In fact, in most countries of the world, taxes are imposed on gambling winnings. We can see this in countries ranging from the United States of America to Germany, Spain, etc., but the exceptions are Malta and the United Kingdom, where there is no tax on gambling winnings.
But if you look at most countries in the world, there is a tax on gambling winnings, so it is not right that we can easily avoid this, but I think there is no gambler who likes taxes on gambling winnings. In this regard, I personally dislike taxing gambling winnings, but there is basically nothing we can do about it.

[_act_]

Then that is a disaster. We can only hope that it doesn't go like that but we even need a decrease. It wasn't 'Scammer' is the term for the governments but it is Corrupt. Both are still worse though. We should still be thankful that only wins are being taxed and not the loss too, although it make sense because where we can get a money if we are losing anyway?

First of all, that is not corruption to me, only what I can call it is an obvious scam.

Second thing is that if someone lost money while gambling, how will the government tax it when there is no profit? Government only prefer to tax the money people gained. It can not be in a way that all games and bets that you played or go for, you have to pay for tax.

[JunaidAzizi]

Good point, there are differences from each government rules, though similar to what you mentioned if the government already taxing the casino then it should allow the gambler to take their money out without obligation, the business already providing their obligation and it should be on the gambler side whether they want to share their earnings but should not be a automatic deduction once they collect their profits.

You know the government wants to butter their bread on both sides. The industry is also giving them high revenue, and they themselves accept that gambling revenue contributes a lot to their treasury annually. However, they are still cutting percentages from the winners. If the casinos are paying for the license, then there is no need to tax their winnings because those who enter those casinos will be tax free in their winnings as per the license tax. But again, government laws come into play. Every state has its own laws, and they treat it according to their regulations.

[Miles2006]

Tax payment vary, the winning amount also as stated in the new law all gambling win must undergo a tax payment. I don’t think this rule is that effective except winning a huge amount that requires paying tax I guess the amount is indicated without notice whenever making a withdrawal. The government needs tax payment for development as mentioned by state governors yet benefiting from such development is difficult, 5% deduction is still preferable yet still differ.

[blockman]

If it's with crypto and online casinos, they don't tax us unless we file it to the bureau of internal revenue and includes it with our revenue for the past quarter. Otherwise, it means that it's not taxed when the casino where we've won isn't locally found. And to those who are locally based, I also think that they are not taxing us upon withdrawal but if strict rules have been implemented like what we usually see in the television with the lottery and other games, they're taxing it around 20%.

[GeorgeJohn]

In my country they tax you from your every win you got from betting, in Nigeria a 5% withholding tax is deducted at source from winnings by betting operators for residents, while a 15% rate applies to non-residents.
I really don't see this as a good thing I know a lot of countries their government is also doing this shit, what happens if we lose do the government assist us.

That is why is good to operate with a gambling site that I have a license, if a gambling website have a license I don't think about government will be deducting such percentage in every meaning in betting... I don't know if any other country experience a such tax but I know quite well that government take much tax from gambling platforms... some people who says that Nigerian government is a tax free, but I am surprised that what is happening to other country is similar to Nigerian country in dumbbelling aspect.... for the aspect of when you lose government does not sponsor or help The Losers that participating gambling but immediately you win them because some percentage for the government so I don't think that such policy is a good one, and I believe that nothing gambler can do about it because some of the gambling platforms are operating illegally.

[TopT3ns]

In my country they tax you from your every win you got from betting, in Nigeria a 5% withholding tax is deducted at source from winnings by betting operators for residents, while a 15% rate applies to non-residents.
I really don't see this as a good thing I know a lot of countries their government is also doing this shit, what happens if we lose do the government assist us.

That is why is good to operate with a gambling site that I have a license, if a gambling website have a license I don't think about government will be deducting such percentage in every meaning in betting... I don't know if any other country experience a such tax but I know quite well that government take much tax from gambling platforms... some people who says that Nigerian government is a tax free, but I am surprised that what is happening to other country is similar to Nigerian country in dumbbelling aspect.... for the aspect of when you lose government does not sponsor or help The Losers that participating gambling but immediately you win them because some percentage for the government so I don't think that such policy is a good one, and I believe that nothing gambler can do about it because some of the gambling platforms are operating illegally.

It is natural why you disapprove of such a construct of a tax cut policy, because it obviously bodes ill on our own wallets. I observe that each nation appears to be vomiting at the prospect of revenue on this sector with never the need to have to share in case of losses. When we use illegal providers the possibility of the loss of all our assets becomes quite more tangible than the mere opening of a system of legal tax reduction. You are correct because our bargaining point is extremely low since we do not have alternatives that we can employ to question the unilateral rules that the authorities in power have.

[Antotena]

In fact, in most countries of the world, taxes are imposed on gambling winnings. We can see this in countries ranging from the United States of America to Germany, Spain, etc., but the exceptions are Malta and the United Kingdom, where there is no tax on gambling winnings.
But if you look at most countries in the world, there is a tax on gambling winnings, so it is not right that we can easily avoid this, but I think there is no gambler who likes taxes on gambling winnings. In this regard, I personally dislike taxing gambling winnings, but there is basically nothing we can do about it.

Each government has their ways they take money from citizens. The least place I think government are lenient with tax is gambling, even some developed countries don't tax their people from gambling profit but the casinos are heavily tax because they make money from gambling, instead of squeezing their citizens they does that to the casino instead but if they notices people makes money from gambling, they change the rules to tax their people. Sometimes isn't about the tax but to control money in circulation to reduce inflation.

I don't see problem with tax if the government are using it for the cause, tax are way the people give back to the society so everyone cans have a collective benefit through social and basic amenities. It's when the government decide to steal public funds and money meant for development of the country I don't like to see, sadly that's what Nigerian country is trying to enforce but the house of assembly are kicking against the implementation of the bill.

[wiss19]

Government tax is nothing new to us; we already know that the government generates revenue from such activities, so they would definitely go for it. Also, the casinos know that they make a good profit from gambling and would want to remain in their business so they would need to abide by the rules of the jurisdiction they belong or exist by deducting the tax at first before issuing out the win as you have stated because if they do not take such step, it would be on them to pay up for the tax so they would not want to allow such to happen to them.

My own annoyance about this whole taxation stuff of thing is the fact that there is no transparency and accountability. We do not see the effect of the tax they take, nor do we benefit from the government as to where and what the money is used for. It is quite obvious that we pay tax for nothing.

To be fair, if you do gamble at a legal place like Vegas, there are some cases where you do pay. Or like lottery for example which is allowed in most cases, you pay a ton of taxes as well. I think the last I heard was half of it, that means they take half of your money just from federal taxes, I am sure there are some state taxes as well which means you get half of what you earn.

There is no way to get out of this without paying any taxes. Normally, taxes are good, and we should be taxed, and rich should be taxed even higher rate, there is nothing wrong with wanting that. The problem is, people do not want to pay taxes because they see that their taxes are getting wasted on useless stuff and not getting any returns on it.

[Asuspawer09]

I mean thats the thing government is going to tax your with everything and there were nothing really that we can do about that especially if it is a huge amount of money, they are going to entertain that and probably get a huge chunk of that money for sure, but it's still all right since it is still going to be huge anyway, like lotto winners it is still a decent amount of money even after they tax it, it is just how things works, since we are under a government I know it sound really ridiculous but there was really nothing we can do about it. I mean, the government needs the money, and it is for good it is just there are a lot of corrupt people in the government, but it is going to be a problem in the future if you dont want to pay your tax, it is not worth it.

So it's not like casinos or lotteries are not registered businesses, it is also being taxed and winners are getting taxed as well, so the government supports it since they are also earning money on it, but in some ways, where they see any wrongdoings for sure they are going to act, since they are going to earn something if they do that.

[freedomgo]

I don't see problem with tax if the government are using it for the cause, tax are way the people give back to the society so everyone cans have a collective benefit through social and basic amenities. It's when the government decide to steal public funds and money meant for development of the country I don't like to see, sadly that's what Nigerian country is trying to enforce but the house of assembly are kicking against the implementation of the bill.

They all claim taxes are being used for the good of the country. But if you live in a corrupt country, you can clearly see when that’s not the case. I honestly believe they’re not using it properly where I’m from, but at the end of the day, I still have no choice but to comply with the law or face the consequences.

Some people say there are other ways around avoiding taxes, like playing on overseas or crypto-based casinos that sit outside local reach.
No government jurisdiction so they cannot force you to pay, and they would not know.

[uneng]

Here where I live it's 15% taxation over winnings. And there must be probably some other hidden taxes after the 15% as well... And there are still people who defend governments taxation. Maybe it can work in civilized countries above the equatorial line, in Europe, but not for the rest of the world.

Winners shouldn't be taxed in anyways, because it's hard enough to win from gambling, so let those people enjoy their prizes. That should be quite obvious, but while politicians' lackeys exist, governments will feel safe to do anything they want to grab more money from citizens.

[rat03gopoh]

Second thing is that if someone lost money while gambling, how will the government tax it when there is no profit? Government only prefer to tax the money people gained. It can not be in a way that all games and bets that you played or go for, you have to pay for tax.

That's simply an application of "value-added tax." Gambling, in particular, is a topic of debate, and society often holds the government morally accountable, as collecting taxes solely on winnings sounds like monetizing addiction and rejecting social responsibility.
However, the good news is that since the government doesn't budget gambling taxes for rehabilitation for losses or addiction, you shouldn't have to bear that burden (gamble responsibly).

[Odogwu-Blockchain]

I don't understand why there should be taxed on winnings, I am aware you only get taxed if you win from a betting shop and that the owner of that shop taxes a little amount of off your money, I am not aware of the government taking theirs.

In some other shops and other betting companies too, the bet shop owner divides the potential winning into two and give the winner half of it.

This is simply wrong because the entire gambling company is not aware of this behavior by the shop owners., it sucks out here.

[Hispo]

In my country we have a weird scenario when comes to taxes in gambling and betting. I believe the government indeed have some laws which establish people are supposed to pay a slice of their wins from gambling, but it is a law which is rarely enforced on people who do not win millions of dollars or some life changing amount of money in a single session.

I also believe gambling wins should not be taxed, it does not make sense to tax something which was gotten completely thanks to good luck.
In the United States they go further and they won't allow people who lost money on gambling to declared one hundred percent of their losses, translating on people who lose money on gambling to get forced to pay money to the government anyways. That is complete BS in my opinion.

[SamReomo]

We should still be thankful that only wins are being taxed and not the loss too, although it make sense because where we can get a money if we are losing anyway?

Yes, when someone wins and withdraws that money then he/she has to pay the taxes, the ones who lose money may not pay any taxes and it doesn't make sense to pay taxes after losing because someone who's already in loss can't help a government. And, there's no subsidy or compensation either for the ones who lose because government doesn't care at all about the ones who lose.

[Jody.Drummer]

I believe that even though gambling is an activity that is prohibited in my country, there are still many people who do it and yes, there are those who lose big and there are those who win big, besides that, even though this is something that is prohibited, the government is indifferent to this, instead of warning its people to stay away from gambling, they still provide loopholes for people to continue gambling because there are benefits that they get, but I don't think that every time a player wins, he has to pay tax on his winnings, the tax obtained by the government is the responsibility of the casino company itself.

[Oshosondy]

I think that there are only few countries that are really not taxed with the gambling profits that gamblers make. As per research, Ireland is one of that country and if a casino usually says that you've won a jackpot that's tax-free, no it's not and it's either they'll still pay for that in their behalf and you will be getting the whole chunk because they've paid for it. Otherwise, it's just a gimmick that they're going to hand you out a tax-free winnings but usually, the tax is always there.

Australia and Canada also do not tax gamblers, the countries tax only the gambling platforms.

Taxes should help the country, although the concept sounds great, I understand your frustration coming from a country with too much corruption where the results of that loan are not immediately visible, but the legal requirement, whether we like it or not, is that these kinds of things should pay taxes on them like any other business, whether online or not.

This is wrong in my own opinion, gamblers should not be taxed, only the gambling platforms that make gambling as profitable business supposed to be taxed.

[Orpichukwu]

Tax payment vary, the winning amount also as stated in the new law all gambling win must undergo a tax payment. I don’t think this rule is that effective except winning a huge amount that requires paying tax I guess the amount is indicated without notice whenever making a withdrawal.

Anything task is not that effective in this country before, but we might start seeing it differently from next year unless there is something to do because our new tax law is not really funny at all, as they have given directives to most of the platforms which we use individually, so anything that needs to be taxed – in some cases, we might not even be the one to file for it and it might be deducted even before you make the withdrawal, unless there will be an exception or I'm reading a different meaning to the tax law.