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Have won on scratch card. Will I be taxed on it?

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24

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  • lemontree
    lemontree Posts: 893 Forumite
    I am just going out to walk my chihuahua and may cal lin and buy my first Scratchcard!!!!!!!!(only joking)
  • sunnyone
    sunnyone Posts: 4,716 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    The ten squid or so will pay for your broadband for a month and you tell lies, you are a benefit claimant.
  • kezzygirl wrote: »
    how much did u win?
    yes i think u will be taxed on it if it big sum

    even a £100 million euro lottery win wouldnt be taxed !
  • cit_k
    cit_k Posts: 24,812 Forumite
    darlyd wrote: »
    woohooo I have won on a scratch card.

    I can't believe it, I am not a gambler, just buys the odd scratch card and lottery ticket now and then. I only Spent just £1 and I won.

    The question is........ Will I be taxed on it? :eek:

    EDIT: I DO NOT CLAIM ANY BENEFITS !! :)

    If its a large win, then your obviously worried about whether you will be taxed, just send me the scratchcard, and you wont have any more worries.
    [greenhighlight]but it matters when the most senior politician in the land is happy to use language and examples that are simply not true.
    [/greenhighlight][redtitle]
    The impact of this is to stigmatise people on benefits,
    and we should be deeply worried about that
    [/redtitle](house of lords debate, talking about Cameron)
  • Darlyd
    Darlyd Posts: 1,337 Forumite
    sunnyone wrote: »
    The ten squid or so will pay for your broadband for a month and you tell lies, you are a benefit claimant.

    NO I AM NOT !

    WE get Child Benefit and that is it!!! We no longer qualify for tax credits, even though they still pay us £11 or so a week, we stash it to another bank, have rung them and written to them, p!!! take!

    I never won near 1mil :(
  • happy_lass
    happy_lass Posts: 464 Forumite
    i dont think you will be taxed on it. But, you say you are not a benefits claiment? you claim child benefit, so you are . Why are the tax credits people still paying you if you no longer qualify?? Good luck with your win though.
    life is what you make it, make it fun !
  • Darlyd
    Darlyd Posts: 1,337 Forumite
    happy_lass wrote: »
    i dont think you will be taxed on it. But, you say you are not a benefits claiment? you claim child benefit, so you are . Why are the tax credits people still paying you if you no longer qualify?? Good luck with your win though.

    Cus they can not do their job proply.

    Child benefit yes! But that geezer came across as If I was lying that I get IS Or something like that, which I am not!

    And thank you, Am sure it will be enough to have a weekend down south, and to spoil the kids with new clothes, and decorate.... :D

    Am well chuffed
  • Good on you, just waiting for my lottery dd to match me six numbers, still waiting.......and run out of dreams, hahahaha :)

    Enjoy your win.
  • jetta_wales
    jetta_wales Posts: 2,168 Forumite
    If we classes child benefit as being 'on benefits' then half the working population of the country are all 'on benefits' too lol.
    "Life is what you make of it, whoever got anywhere without some passion and ambition?
  • Sixer
    Sixer Posts: 1,087 Forumite
    You don't pay tax on winnings from the National Lottery.

    FYI: Even though the standard betting tax was abolished several years ago, a tax on National Lottery tickets still remains. It's 12% of the ticket price. So you already paid your tax when you bought your ticket. It's why some people call it a tax on the poor.

    Lottery dosh breakdown per £1

    50p prizes
    28p good causes
    12p tax
    5p retailers commission
    4.5p Camelot operating expenses
    0.5p Camelot profit
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