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tax rate on lottery winnings
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The IRS automatically withholds 30% of net lottery winnings in the US The rate at which the net winnings are ultimately taxed though depends on

Sales Tax Rate Charts · Tax Facts · Statistics · Online Services · Contact · About The state of South Dakota does not tax lottery winnings How can I hear Here's what you need to know about taxation and legal obligations Learn about tax obligations when winning a lottery or prize money in India

monika lottery sambad The top federal tax rate is 37% for income over $500,000 The first thing that happens when you turn in that winning ticket is that the federal As per section 194B of the income tax act, all the winnings over and above Rs 10,000 will be subject to a TDS of 30% With cess and surcharge,