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Luke Littler could lose over £125,000 of Premier League Darts prize money

Luke Littler is likely to lose almost half of his £275,000 Premier League Darts winnings in tax.

The 17-year-old sensation once again showed his magic on Thursday night, defeating Luke Humphries 11-7 in the final of the competition at the O2 in London. He even hit a nine-darter en route to victory, becoming only the second player to do so in the final after Phil Taylor.

His triumph earned him the top six-figure prize, supplementing the £40k he pocketed from his four nightly victories in Belfast, Manchester, Liverpool and Aberdeen, reports the Express. However, Littler won't be seeing anywhere near the total £315k hitting his bank balance.

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That's because AltIndex estimate he'll be handing £136,263.60 to HMRC. That's £127,953 in income tax and a further £8,310.60 in National Insurance contributions.

His take home from the 17 weeks of the Premier League is therefore estimated at £178,736.40. That's more than he earned from his march to the World Championship final, which captivated the nation at the turn of the year.

After Humphries beat him on that occasion, Littler picked up the £200k runner-up sum. Of that, £73,203 will have been taken in tax and £7,330 paid in National Insurance, with £119,467 ultimately making its way to him.

Overall from those two tournaments alone, Littler will have been stung for roughly £217k in tax, pocketing nearly £300k. And that's without all his other appearances that have packed out his calendar since turning pro.

For him, the most rewarding part of his success is

Read more on manchestereveningnews.co.uk