How much are gambling winnings taxed?

[kayode10]

There was a time I was reading that government usually take about certain percentage of the casino in jackpot winnings. I believe that they also need to provide support for players on the other way around.

The part of the questions I have in mind to ask you guys is that How much are gambling winnings taxed? I'll be glad if anyone can you give me the exact figure on percentage in the comment section.

 

[Hardexy1]

That's based on the region or geographical area you found yourself, in my own area no tax is been fixed on ticket winings, you can Cash out your winning ticket anyday any time without paying any money whatsoever

 

[Btaliat]

There is no specific amount of tax that will be deducted in betting. We always have each government to be the real one that will be fixing the tax amount to be paid on any wining of gambling. And not really the winners.

 

[swift]

I believe gambling winings are taxed actually on a fixed proportion in my country ,it's usually called the value added tax , I actually don't think they actually charges based on any certain proportion