Do you have to pay taxes on casino winnings?

It's that time again, you can start filling out your tax return again. But what if you win a nice sum of money at an online casino? In this blog, we'll explain everything you need to know and tell you why playing at PepperMill Casino is extra advantageous.

Taxes on casino winnings: what about in Belgium?

If you play at a licensed online casino, like PepperMill Casino, you are completely exempt from gambling taxes. This is because the casino itself pays the gambling tax to the government. This tax is not passed on to the player. So you don't have to file a tax return or hand over any money.

Why should you choose a legal casino like PepperMill Casino?

The difference between a licensed and an illegal casino is bigger than you might think. Not just for your safety, but also for your wallet. At illegal gambling sites, you lose all protection as a player and even have to pay taxes on your winnings. You are responsible for filing a tax return, if you don't do this, you risk a fine. However, if you play at a licensed online casino in Belgium, you will have complete peace of mind.

PepperMill Casino is a legal casino with an official B+ license from the gaming commission. That means you can count on fair games, transparent rules, and full player protection.

On top of that, at PepperMill Casino you can also enjoy Instant Cash with withdrawals within 15 minutes, unique casino oddboosts and even have a chance to win the exclusive PepperMill Jackpots.

When do you pay taxes on casino winnings?

In Belgium, you don't have to pay taxes on casino winnings at legal online casinos. But this is not the case everywhere. In many other countries, there are tax obligations for those who receive large winnings. For example, did you know that in the United States you must remit up to 24% of your winnings to the IRS (International Revenue Service)? Furthermore, casino winnings are officially taxable in Spain, although they are only declared when large amounts are involved.

Are you a Belgian player using an unlicensed foreign site? Then things get even more complicated. You’ll be responsible for declaring your winnings yourself. and you might actually have to pay taxes. Plus, you miss the protection and security that you have at a licensed Belgian casino.

Play safely and tax-free

If you want to enjoy your winnings without any stress, choose PepperMill Casino. Here you don't have to pay taxes on your winnings, you’re guaranteed a fair gaming environment and you will receive your withdrawals at lightning speed. If you play on safe grounds, you'll also play with peace of mind.