On winning a 1 crore lottery in India, how much taxes do you pay?

how much taxes on 250 000 lottery winnings   Dan how to read lottery tickets

Remittance out of lottery winnings b) Remittance of income from racing All taxes and levies as per applicable Government notification To know more

Before the winner receives any of the money, however, the IRS automatically takes 24% of the winnings The rest of the winnings are expected to be paid by the The payer will deduct 24% from your winnings on the spot if you win above a certain amount · You'll report your winnings and your tax payments when you file

minori kawana All must pay lottery tax of % with cess if the winning amount is above Rs 10000, regardless of their income, winnings, age, lottery winnings; remittance of income from racingriding, etc , or 250, 000 can also be provided by FFMCs As FFMCs cannot maintain accounts of