GOODS AND SERVICES TAX ON LOTTERY IN INDIA

do you have to pay tax if you win the lottery
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When you win the lottery, your winnings are considered ordinary taxable income Your prize money is taxed at the same rate as your wages and

Because neither S Corp income nor lottery winnings are subject to the % tax on investment income that is part of Obamacare Yes, it's Note Income earned on any of the above amounts is taxable

mass lottery daily numbers game As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37% (So after