Tax on Lottery Winnings and Game Show Winnings in India

calculate taxes on lottery winnings
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The winnings are subject to a flat tax rate of 30% without any deductions The tax is usually deducted at

Lottery and other lotteries, are subject to federal and Minnesota income taxes You must report and pay income tax on all prizes and Calculate how much tax you need to pay, what income is taxable, and lottery winnings and other prizes; some government grants and payments; child

nirmal lottery result 24 5 24 Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes, 1 Federal taxes will be owed on lottery winnings The amount of federal tax owed will depend on the amount of money won and the winner's tax