Is lottery prize money tax free in India?

Is lottery prize money tax free in India? are lottery winnings tax free
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are slot machines legal in kentucky Lottery prizes get taxed under the same rules as regular income tax Whatever prize money you receive during the year is added to your taxable

are lottery winnings taxed Gambling and lottery winnings and losses · You don't report your gambling income net of expenses, though · Instead, you must report your gambling For federal purposes, report your total winnings on your Form 1040 Schedule 1 and report all your losses (cost of buying all your tickets for the taxable