🇰🇪
Calculated per Kenya Revenue Authority (KRA) 20% Withholding Tax on Betting Winnings — Finance Act 2021
M-Pesa Payout Calculator
Calculate your net payout after Kenya's 20% withholding tax on betting winnings.
Calculate Payout
Kenya Withholding Tax: 20% applied to gross payout (Finance Act 2021)
Payout Breakdown
StakeKES 1,000.00
Odds5.00
Gross PayoutKES 5,000.00
Withholding Tax (20%)− KES 1,000.00
Net M-Pesa PayoutKES 4,000.00
Gross Profit
KES 4,000
Net Profit
KES 3,000
Tax on Profit
25.0%
Tax Deducted
KES 1,000
Stake Comparison Table
Gross vs net payout at odds of 5.00 for 5 common stake amounts
| Stake (KES) | Gross Payout | Tax (20%) | Net Payout | Net Profit |
|---|---|---|---|---|
| 100 | 500 | −100 | 400 | +300 |
| 500 | 2,500 | −500 | 2,000 | +1,500 |
| 1,000 | 5,000 | −1,000 | 4,000 | +3,000 |
| 5,000 | 25,000 | −5,000 | 20,000 | +15,000 |
| 10,000 | 50,000 | −10,000 | 40,000 | +30,000 |
Tax Rate History
2014–2018
0%
No withholding tax on betting winnings
2018–2021
7.5%
Betting Excise Duty introduced at 7.5%
2021–2022
20%
Rate increased to 20% under Finance Act 2021
2022–present
20%
Current rate: 20% withholding tax on gross winnings
Advertisement300×250
How It Works
- 1.You win a bet on SportPesa, Betika, etc.
- 2.Bookmaker calculates gross payout
- 3.20% withholding tax is deducted
- 4.Net amount sent to your M-Pesa
- 5.Transaction appears in M-Pesa statement
Advertisement728×90
Frequently Asked Questions
Advertisement728×90