Prize Savings Account winnings will be tax-free!

Good afternoon all!

I’ve got an update today that we’ve had a lot of questions about - I can confirm that any winnings from the Prize Savings Account will NOT be subject to income tax.

We’ve seen a massive uptake in deposits into this account so far, and we’re really pleased with the excitement this new offering has generated!

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Great news, Nik

I appreciate the hard work that has gone into getting this arranged. Will you be communicating the total amount held in the pot after the draw?

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Once we have the required data points, we will be looking at communicating the odds of winning the prize draw! However the AuA in the account itself would come under sensitive information that we would not share publicly.

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