Income Tax on winnings from Lottery, Game Shows, Puzzle

30% tax on lottery wins of over Rs 10K a year taxes on lottery Taxpayers are legal persons organising lotteries in accordance with the Law on Lotteries and organising gambling in accordance with the Law taxes on lottery winnings calculator 30% tax on lottery wins of over Rs 10K a year Thiruvananthapuram: The State Government, as directed by the Centre, has started levying tax

taxes on $5 Lottery and Gambling Winnings · 5% for Lottery payouts between $10,001 and $500,000; · 8% for Lottery payouts over $500,000; and · 8% for