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Whats the deal with gambling winnings in Ireland?

  • 14-08-2016 5:31pm
    #1
    Registered Users, Registered Users 2 Posts: 7


    Im curious to know what happens if you have a large gambling windfall in one of Irelands "members clubs". Say you win 20 grand and then take your winnings and put it into your bank account, won't this raise a few eyebrows in the bank and possibly have revenue breathing down your neck? And if this was the case how would you prove that you won it in a casino? ]

    I don't believe they give you receipts for winnings or are they available on request? Seems like a really grey area because casinos are supposed to be illegal in this country but the winnings received in the "members clubs" are technically tax free as with bookies winnings.. How do you prove you won the money?


Comments

  • Closed Accounts Posts: 2,400 ✭✭✭me_irl


    Not sure, but remember you owe me that 200 quid?


  • Closed Accounts Posts: 3,759 ✭✭✭Winterlong


    A casino will give you a payment docket if you request it when collecting your windfall.


  • Registered Users, Registered Users 2 Posts: 2,021 ✭✭✭Arcade_Tryer


    twelvetenz wrote: »
    Say you win 20 grand and then take your winnings and put it into your bank account, won't this raise a few eyebrows in the bank and possibly have revenue breathing down your neck?
    Perhaps. If you're lodging it in a school bank.


  • Registered Users, Registered Users 2 Posts: 1,698 ✭✭✭Topper Harley


    Just stick it under your mattress OP. Be grand. I promise.


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