Tax on winning lottery, puzzle, card game, horse race

Tax on winning lottery, puzzle, card game, horse race how much is taxed on lottery winnings
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how to win slot machine online If you are a nonresident, Wisconsin Lottery winnings are taxable to Wisconsin gambling income, the amount of the winnings, the amount of the

how old do you have to be to buy a lottery ticket in new york Lottery winnings are not taxed twice Under both the federal and state tax system, they are considered ordinary taxable income You pay tax on your winnings According to Section 194B of the IT Act, 1961, a tax rate of 30% is applicable on lottery winnings exceeding Rs 10,000 This is treated