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if you win lottery do you pay tax

if you win lottery do you pay tax

Lottery Winnings if you win lottery do you pay tax
➡️【Mk.com】✅अभी पंजीकरण करें - तुरंत कैसीनो बोनस प्राप्त करें! ✅सर्वोत्तम स्लॉट गेम खेलें - 1,000 से अधिक ऑनलाइन गेम! ✅  Do I have to pay taxes on winnings? You must pay taxes on Illinois Lottery prizes Therefore, we strongly suggest players contact a financial planner, tax if i buy 100 lottery tickets what are my odds As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount

if you won the lottery Lottery winnings in India are subject to a flat 30% tax rate This means that if you won 20 crore, you would have to pay 6 crore as tax,

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