do you have to pay tax on gambling winnings australia
Gambling in Australia Gamblers' winnings in Australia are not taxed[citation needed]. There are 3 main reasons for that:
National Lottery (United Kingdom) The National Lottery is the state-franchised national lottery in the United Kingdom.
Premium Bond Winners of the jackpot are told on the first working day of the month, although the actual date of the draw varies. The online prize finder[3] is updated by the third or fourth working day of the month.
Luxury tax (sports) The resulting total is then distributed to the remaining teams that are under the tax threshold.