What is the Tax for Lottery Winnings Prize in Kerala? TDS

how much do they tax the lottery
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The TDS of % is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab

Federal lottery taxes are determined by the income bracket the winnings fall into Currently the two highest income brackets are taxed at 37%

how to cancel the postcode lottery Winners will receive a W-2G form for the value of the prize at the time payment is processed in compliance with IRS requirements to use in filing their tax

how do you play irish lottery In most states, the tax is taken from the prize money before it's ever given to the winner Details on when and how much the winner pays differ