Mega Moolah jackpot hit

[Glumbi]

138 years great..

I mean at 18 million profit in the online Casino To be honest, I would be slightly overwhelmed at first. If you get everything at once, it will work or the state will come... etc.

[playtime spielo]

If you get everything at once, that's okay or will the state come... etc.

Gambling winnings are tax-free, but only one year, then you have to pay on them. Unless the laws have changed in Germany.

[playtime slotti]

Other rules apply to such jackpot sums, which are then also discussed and negotiated individually.

[almera]

what would you do with 18 million at once?????

[almera]

I would hope that the casinos would help to properly house the money. with such a sum everyone is probably overwhelmed

[Glumbi]

Yes, I'm not sure whether it's that easy to have 18 million in a German bank account, for example, which are from a online Casino have arisen....

[gamblejohn]

Who wouldn't go crazy with such a sum! I think it's a good question if there aren't problems if you have it paid out to a bank account. After all, you have to explain from 10k where the money comes from. But I think even if you tax the money normally, i.e. according to German gambling law, there shouldn’t be any problems.

[Glumbi]

If I ever get into this situation I'll let you know.

[playtime spielo]

In general, I have to say that I would hand over such a sum to my accountant and would probably invest the money in real estate or something else. I don't know exactly what it's like here, 21% tax is due here, but it's unclear to me whether it's due directly when the profit is received or only after a certain period of time. But I wouldn't change much in my life, because basically I already have what I always wanted, you don't need wealth for that!

[freddy]

Hello.

Has anyone here in the forum ever had a high profit from an online casino, e.g. 30.000 paid out to a bank account in Germany and if so, were there problems afterwards (e.g. confiscation of the profit, etc...)
For example, if I win the Mega Moolah jackpot (currently at 4,69 million) and the casino transfers the stated amount to my bank account, I wonder what happens afterwards. Will the money be confiscated in relation to €285 StGB? That is definitely possible. I am aware of the case from Munich, where the painter got his money back during the audit, but the ban on online casinos was only recently confirmed again by the BVG.
In such a case, emigration would probably be the best option and transfer the money there.