Cryptocurrency Q&A
How much tax do you pay on lottery winnings in the Netherlands?
How much tax do you pay on lottery winnings in the Netherlands?
Lucia
Thu Jan 16 2025
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5 answers
808
I want to know how much tax I would have to pay on lottery winnings in the Netherlands. Could someone please explain the tax rate applied to lottery prizes in the country?
5 answers
Nicola
Sat Jan 18 2025
This rate is scheduled to undergo an initial increase on 1 January 2021.
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Giulia
Sat Jan 18 2025
On this date, the tax rate will jump to 34.2% of GGR.
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Chiara
Sat Jan 18 2025
The full extent of the tax increase will become effective from 1 January 2021.
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CryptoLord
Sat Jan 18 2025
By this time, all verticals and channels within the gambling industry will be affected by the higher tax rate.
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InfinityVoyager
Sat Jan 18 2025
The tax rate for the gambling industry is currently set at 30.5% of Gross Gaming Revenue (GGR).
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