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Online Casinos in general: Pay out win of 20k to bank account (Page 2)

Topic created on 16th Sep. 2024 | Page: 2 of 2 | Answers: 16 | Views: 1,962
Der_Puppenspieler
Amateur

Pay out win of 20k to bank account

3rd Oct. 2024, at 12:48 pm CEST#16
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Will the bank then refuse to pay out?

Does the money even reach the account so that it can be withdrawn or is the money withheld by the bank or sent back to the casino?

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sigi36
Amateur

Pay out win of 20k to bank account

5th Oct. 2024, at 08:43 am CEST#17
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Hi 👋,

So here in Austria it's not so easy with crypto, it's expensive, but at least it's a way not to lose everything, on top of that this casino pays out on crypto at all ?
Example: 10000€ win goes to my crypto account, then the tax hammer hits when converting to € with merciless 27.5% capital gains tax, in this case 7250€ would remain, at least something that can then be officially and safely transferred to the bank account. I don't know what it looks like in Germany.

Ciao Sigi

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