Those your government also tax wins from your bet.

[giammangiato]

The government tax for almost everything, I head out of the $140 million AJ got from his recent first government is taken $66 million as tax however if he get killed in the fight the government won't care about his family as he will care and take care of them.
For me gambling should not be taxed.

Taxes are higher in Italy, it's normal for governments to tax games, it's a safe source of income.
Gambling is on the rise and you want the government to take nothing? Everything is a business, obviously my reference to it being normal is ironic.
Because if I already pay taxes regularly, why tax a game too? Unfortunately you can't avoid this, if you don't like the only alternative is not to play, governments tend to tax anything.
Below are the two main rules on gaming taxes in Italy:

Winnings from quizzes and prize games broadcast on television in Italy are subject to a 20% withholding tax, as a substitute tax: this means that the TV network automatically withholds 20% of the amount before handing the prize to the winner.

For winnings up to 500 euros are exempt from taxation, above this sum the winnings are taxed at source by 20% for the amount exceeding 500 euros. In fact, if you win 1,000 euros, you will only receive 900: the first 500 net, the second 500 taxed at 20%.

[rachael9385]

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.

I feels like taxes shouldn’t be deducted from gamblers wins automatically even though it is a way to help a country to move forward but taxing gambling isn't supposed to be compulsory, gamblers are the ones to decide whether or not they should pay. in countries where the government doesn't handle the responsibility of improving the country gamblers won't really agree to such laws to be implemented

[Y3shot]

First, correct your topic title from "Those" To  "Does," It's misleading when you read it like that.

I'm also based in Nigeria and from the gambling platform I'm using, there's no withholding tax yet while cashing out  my profit, or could it be that this tax on gambling just started few days ago or it's just some casino and sportbook companies that has yet enforced it? Or maybe it depends on the state you are based which could also have their regulations on tax paying.

There is nothing like tax yet but I'm just thinking with the tax reform that will be taking place in few days from now , i think it can also be affecting gambling win wins because whatever way money is being generated their will be tax for it. But I think, it is not proper to tax people from their gambling wins. Tax can be mandatory in every form money is being made but that from gambling it should be non tax because before winning in gambling their might have been a lot of loses that have taken place, winning is just as a result for so many games that have been lose in gambling.

[yahoo62278]

Taxes are a load of shit regardless of where you live. Each area of the world taxes differently and different %. Here is the USA if you are in a real life casino and win an amount $1200 or more, you have to fill out tax papers that are sent to the IRS. You don't have to pay the taxes at that time, but rest assured the IRS will be sent a record of your win and you will owe the government their piece. The shit thing is you could spend $3000 to hit that $1200 and have to pay taxes even though you are not a winner. How does that make sense?

Taxes really need overhauled everywhere, but people have been fighting this war since day 1.

[Yaunfitda]

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.

I feels like taxes shouldn’t be deducted from gamblers wins automatically even though it is a way to help a country to move forward but taxing gambling isn't supposed to be compulsory, gamblers are the ones to decide whether or not they should pay. in countries where the government doesn't handle the responsibility of improving the country gamblers won't really agree to such laws to be implemented

From where I'm leaving, there is no taxes for gamblers, like if you are playing in traditional gambling casino even if you won big. But let's say if you won in a lottery then that's where the tax would come and it's going to be big. It's like 30% or higher if you want to get a lump sum. But if we talk about millions, then than tax might not be hug as you will still be left with so much money. But come to think about it, maybe your concern is that those tax that you pay, hopefully will not just to go corrupt politicians. Because admit it or not, there are a lot of them in any government around the world. And that's why there could be individuals here who doesn't want to pay taxes.

[Cantsay]

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.

I had to go through some of the responses of some forum members whom I knew to be from Nigeria just to be sure that I wasn’t the only one who haven’t experienced this whole taxing of a thing that you just mentioned.

I’m quite aware of the new tax that’s set to take effect from 2026, but aside that I didn’t know that gamblers were being made to pay taxes from their winnings. I have been gambling for years now and never have I experienced any of this before where a certain percentage of my money was removed because of tax or anything related.

If it’s true that gamblers are indeed being taxed in Nigeria then it might be from a certain amount, because being a small gambler I haven’t experienced it and I haven’t had this conversation with a high roller here in Nigeria before.

[Oluwa-btc]

The government tax for almost everything, I head out of the $140 million AJ got from his recent first government is taken $66 million as tax however if he get killed in the fight the government won't care about his family as he will care and take care of them.
For me gambling should not be taxed.

Well there's nothing wrong with taxation especially when it's coming from gambling cause gambling isn't legal in most countries and at such the need why bigger wins tends to be taxed and deducted but for some countries that gambling is legal there should be a flat rate of deductions to enable smooth gambling process that'll benefits the government and the citizens. But where I don't find taxation helping is usually when the rich ain't affected by it due to the new tax policy but tend to punish the masses and individuals tha attain small wins.

[JunaidAzizi]

Well, every government has its own approach to this problem, some are in favor, and some are not. As for me, it's a very quick and easy revenue source for the government, so why don't they tax it? However, the question arises, should the government tax the casino profits or the gamblers' winnings? If they are taxing the gamblers' winnings, then it would lead to double taxation because the income of the gamblers has already been taxed. If the casinos are taxed, then they would alone bear this burden. So, I think taxing casinos is more appropriate because they are winning in any situation, whether there is a loss or a win.

[centrum]

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.
The government tax for almost everything, I head out of the $140 million AJ got from his recent first government is taken $66 million as tax however if he get killed in the fight the government won't care about his family as he will care and take care of them.
For me gambling should not be taxed.

in many countries the government taxes money won from gambling but takes no responsibility when there is a loss. from the player’s point of view this can definitely feel unfair. however governments generally see gambling as a risky activity and impose taxes to regulate it. the reality is that gambling is never a guaranteed source of income and governments do not recognize it as a safe way to earn money. that is why in my opinion it is wrong to treat gambling as an income source. if someone chooses to gamble it should only be done as limited entertainment and with money that would not cause serious problems if lost. because if you win you have to pay tax and if you lose you have to bear the loss alone. so knowing your limits and maintaining self control is the most important thing.

[FirmWars]

First, correct your topic title from "Those" To  "Does," It's misleading when you read it like that.

I'm also based in Nigeria and from the gambling platform I'm using, there's no withholding tax yet while cashing out  my profit, or could it be that this tax on gambling just started few days ago or it's just some casino and sportbook companies that has yet enforced it? Or maybe it depends on the state you are based which could also have their regulations on tax paying.

I wanted to point out the lack of compliance from the gambling sites in taking the %5 withholding tax from gambling winnings, despite the it is stated clearly that the casino should deduct that amount unbehalf of the government before paying out the remaining amount in winnings.

My worries is, since fiat casinos failed to take the %5 deduction and government comes with tax evasion suit against the gambling winnings, who will be hold responsible the gambling company that failed to deduct the tax or the gamblers that accept their entire balance in withdrawal without tax deduction?

Nigeria tax law is hoping to get more stronger with the new tax law of the current federal government.

If the government comes with a tax evasion suit, the  gambling company will be held responsible and not the players because the players didn't have hands in depriving themselves from paying tax, the betting company are the people that are not in complaint with the law just like you stated that they have been asked to withhold 5% tax but they have not complied with the law. When OP mentioned that everyone here in our country is paying a 5% tax, I was surprised because I don't pay such and have never paid it before.

[bakasabo]

Supreme Donvic, does your government tax your every win? Are you sure about it? Or they tax you only if your income from gambling exceeds states in gambling law amount. That tax usually have progressive system (the more you win, the more you pay). I think in most countries you are not taxed if you dont start to win thousands on a regular basis. If you win $1000, nobody would tax you. But if you win $1000 every month, then government start to think that gambling is your job and ask for a share.

[Cantsay]

I wanted to point out the lack of compliance from the gambling sites in taking the %5 withholding tax from gambling winnings, despite the it is stated clearly that the casino should deduct that amount unbehalf of the government before paying out the remaining amount in winnings.

I have been hovering around this thread reading different responses from my naija pipo about the whole gambling tax, because all the time I have been gambling I have never noticed anything being removed from it as tax or anything similar so I was really confused, but reading your post has made me realize that it’s actually there just that the compliance level is not there thus the reason why it felt as if there wasn’t any tax to begin with.

Nigeria tax law is hoping to get more stronger with the new tax law of the current federal government.

We all know how things are being handled in naija, they’ll probably be fired up at the beginning but with time I’m sure people will no longer want to comply again. This is global board so I’ll be watchful with what I say about Naija but still just watch and see how things are going to be come 2026/2027.

[Cryptomultiplier]

Yhe government of my country doesn't tax gambling winnings but I think they might start doing so if the notice that you make more money from gambling as a source of income.
In Brazil, gambling winnings is being taxed and that's to curb the issues of gambling addiction. I doubt my country citizens are as addicted when it comes to gambling activities as some other countries are because those who do so are unbanked or only receive cash payments for their winnings instead of using a bank account that can be taxed.

[Doan9269]

Governments are taking taxes on gambling when the gambler won, but i must also admit that this may not applies to every countries, but if ours is part of the ones that this policy is being implemented, then we may not be able to escape all the challenges that may come through the payment procedures.

[SuperBitMan]

Yes I agree with you the government should not be taxing wins we get from gambling because if you are losing they will not assist you with some money, if you lose huge amount of money in gambling the government will not assist you to recover those money you have lost rather they will say you are jobless for engaging yourself into gambling, so why will they be taxing someone that won from the same gambling they don't support or encourage citizens from engaging into.
The only way the government should be allowed to take tax gamblers is by giving out loan to gamblers and you don't have to provide any collateral for the loan you are taking you just have to tell them that you want to use it for gambling and they will release it to you if they can be doing that then they can tax for every win.

[danherbias07]

The gambler should not pay the tax. It's the business that must pay for it. 15 percent is a rip-off, and I don't think any tourist would like to visit any gambling place if they knew that a tax that high is being implemented.

Honestly, the same thing is happening here in the cockpit near our place. I don't know what the percentage is that is being taken from every gambler in the cockpit, but they say the highest win will only be x1.80 for every bet. There can't be a x2.00 win because they are automatically taking the tax from the gambler before they get the money.
It's truly unfair, and yet, the gamblers in the cockpit are still going whenever there's an event. It's cock fighting, and it's very well-known and traditional here in our country.

[Fredomago]

Well, every government has its own approach to this problem, some are in favor, and some are not. As for me, it's a very quick and easy revenue source for the government, so why don't they tax it? However, the question arises, should the government tax the casino profits or the gamblers' winnings? If they are taxing the gamblers' winnings, then it would lead to double taxation because the income of the gamblers has already been taxed. If the casinos are taxed, then they would alone bear this burden. So, I think taxing casinos is more appropriate because they are winning in any situation, whether there is a loss or a win.

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.

[bettercrypto]

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.
The government tax for almost everything, I head out of the $140 million AJ got from his recent first government is taken $66 million as tax however if he get killed in the fight the government won't care about his family as he will care and take care of them.
For me gambling should not be taxed.

You know, it's fine for the government to collect taxes as long as it isn't excessive. Because when it's like that, I'm pretty sure the majority of the officials or politicians in power are corrupt at least in my opinion.

If that’s how things work in your country, I’d say there is an abuse of the constituents. It seems like an overkill to deduct taxes for every single bet; where is the justice in that? Right? I could understand it more if the tax was taken from a jackpot prize, but what’s happening now is really not okay.

[Muba20]

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.
The government tax for almost everything, I head out of the $140 million AJ got from his recent first government is taken $66 million as tax however if he get killed in the fight the government won't care about his family as he will care and take care of them.
For me gambling should not be taxed.

The government should consider the profit and loss of the people. By imposing taxes only in the hope of profit, it will be known as inhumane towards the common people. Gambling is an uncertain platform where the chances of losing are not less than winning. The amount of tax that will be imposed on the gamblers here is a burden for them. Even if it is 5% for residents, it is too much. Governments should not impose unilateral taxes. If the government is not flexible in this matter, then it will definitely face big losses. If the gamblers do not use that platform, then the governments will suffer a lot.

[leonair]

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.

Taxation should definitely be imposed on any income, as it improves the country's economy. Gambling and winnings from it are never anyone's passive income. Gambling is basically a form of entertainment, for this there is a lot of fun hidden here which attracts many people. Although most gamblers are reckless and do not think about their profit and loss, they just like to continue gambling. However, if the government of the country imposes a tax on gambling winnings, then everyone will have some responsibility and can stay away from deep addiction to gambling. Because then in case of gambling in large quantities, at least the issue of tax will be considered and there will be responsible in gambling.