how much of lottery winnings are taxed
Won a lottery or prize money in India? Here's what you need to know
how much of lottery winnings are taxed
how much of lottery winnings are taxed
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how much of lottery winnings are taxed How much the winner could owe in taxes Before seeing a penny of the jackpot, the winner will pay a 24% mandatory upfront federal withholding How much the winner could owe in taxes Before seeing a penny of the jackpot, the winner will pay a 24% mandatory upfront federal withholding Congratulations! You're a lottery winner Now you're probably wondering, is my prize taxable? In Australia, lottery winnings are classified as tax-free
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