how much tax would you pay on lottery winnings - AIIMS

how much is taxed from lottery winnings
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That's because lottery winnings are treated as income by the federal government and most states, so the jackpots are subject to state and

The Tax Laws Act reintroduced WHT on winnings at the rate of 20% What are winnings ? Winnings include money won, spoils In India, lottery winnings are subject to a tax deduction at source of 30% if the amount of the winning exceeds Rs 10,000 Therefore, if

win slot 888 How are Lottery winnings taxed? All Lottery prizes, regardless of the amount, generally are considered as income by the state and federal government For 30% of lottery winnings are subject to income tax Surcharge equals 15% of the income taxes paid if the amount is greater than one billion, one