does lottery get taxed
Won a lottery or prize money in India? Here's what you need to know
does lottery get taxed
website does lottery get taxed Lottery winnings in India are not normally taxed as regular income; rather, they are subject to a fixed flat tax of 30% Section 194B of the does three of a kind beat a straight in poker Your state will tax the winnings too, unless you live in a state that does not impose a state-level income tax No one offers more ways to get tax help than
does lottery get taxed For instance, New York has one of the highest tax rates on lottery winnings at % Some states do not levy income tax or tax lottery winnings How Do Taxes Work With Lottery Winnings? US lottery taxes differ from other countries because winnings are considered taxable income for both federal and All must pay lottery tax of % with cess if the winning amount is above Rs 10000, regardless of their income, winnings, age,
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