Bettors are complaining about the government’s proposal to tax lottery and sports wagering.
The government levied taxes on winnings from the lottery, sports betting, and gambling as part of efforts to generate more cash for the nation.
Several local gamblers claim that the government’s action is an effort to keep them from peacefully celebrating their victories.
They encouraged the government to rethink its plans to deduct a 10% withholding tax at the point of payout from winnings in lotteries, sports betting, and other games of chance in an interview with Citi News. “I could lose all my bets in a year so if I should win one day and then 10 percent is deducted, it actually means that I have lost.”“Honestly, it is not fair. We are suffering because the system is not any better so taking away 10 percent of my bet wins is not a good thing”, another said.
For one of the gamblers, “This policy of taxing our fortunes in betting is not in our interest. 10 percent of our wins is too much for us. “