The Ghana Revenue Authority would like to notify the public, in particular Lotto players, that a 10% withholding tax on gross winnings from all lotteries, including Lotto, has been established by the Income Tax (Amendment) Act. 2023 (Act 1094). Gaming, betting, and other chance-based games.
even if the implementation process has started. A six-month extension was given to the National Lottery Authority (NLA) and Private Lotto Operators (PLOs) so that they could prepare and implement the 10% withholding tax on lotto gross winnings.
Since this prolongation ends in December 2023, the NLA and PLOs must start implementing the Lotto Gross Winnings Withholding Tax with effect from January 2024.
the people in general. This instruction must be followed, especially by operators, tax consultants, players, and patrons.
