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Dec 30, 2019

An Unexpected Gift from Brads to Belize

Karil Wallace

While the exact number of winners and total payout are still being calculated, it is not likely that any tax will be applied to individual earnings, unless, of course, you’ve won ten thousand dollars and over.


Isani Cayetano

“You may not be able to divulge specific numbers, but is there a way to figure out more or less how many people won?”


Karil Wallace, Public Relations, Belize Gaming Company

“Tell you what, it’s in our database, we’re still in the tabulating phase, if you may call it that, because of the number of people that may have purchased and may have won, because you have people who buy one piece, two pieces, very small amounts because I think it’s ten cents per piece for Sunday lottery and so it’s not easy to do.  And then we also have three prizes within the jackpot, so it’s a large scale and a very large percent of the people that purchased yesterday won. We want to acknowledge that yes, they won and congrats to everybody that may have won.  Dehn staat di new year right, unu got paper eena unu pocket, but at the end of the day we want to assure them that each and every single person that may have won yesterday, that they will be paid.  Come whenever they decide to come in and claim their winnings at no point in time will they be turned away.  Their money is there.”


Isani Cayetano

“Is there a particular tax regime to calculate how much now goes back to G.O.B., considering the fact that there are numerous winners?”


Karil Wallace

“Numerous winners, but there are small winners that may not pass the threshold for taxes and so that is the reason that we don’t jump on that, so to speak.”

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