Nigerian-owned, edited in Lagos
What you actually take home: Nigeria's 5% betting tax calculator
Stake plus odds plus state, and we will tell you exactly what lands in your bank account after withholding tax.
By Tolu Shotade · Editor, Bets.ng · Updated 5 May 2026
Lagos State began enforcing a 5% withholding tax on online betting winnings in February 2026. Other states have followed. The calculator below tells you exactly what you take home on any winning bet.
How the tax works
Lagos State Internal Revenue Service charges 5% on the profit portion of a winning bet, not on the total payout. If you stake NGN 1,000 at 2.50 odds, the gross payout is NGN 2,500, the profit is NGN 1,500, and the tax is NGN 75. Your take-home is NGN 1,425.
Where the operator deducts
1xBet, SportyBet, Bet9ja and BetKing now deduct withholding tax automatically on winning bets for Lagos-registered accounts. The tax appears as a separate line on the bet history. If your account is registered in a state without a state-level withholding tax, no deduction applies, but you remain liable for federal income tax on net gambling profits over the personal allowance.
Record keeping
Keep your bet history exports and the deduction line items. The Lagos Internal Revenue Service does spot audits on punters with monthly profits above NGN 500,000. We covered the full record-keeping process in the main tax guide.
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