Do You Need to Pay Tax on Lottery Winnings?

do you pay tax on uk lottery winnings
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You won't normally be liable for either UK Capital Gains Tax or UK Income Tax However, if you win the top prize in Set For Life, the game is designed to ensure If you sell or otherwise dispose of an asset that was a prize from a lottery, you must declare any capital gains you make in your tax return You must declare

rules for strip poker A: Yes, foreign lottery winnings are taxable by the IRS in the US Do remember that 10,000, then the winner will receive the prize money after the deduction of TDS @% us 194B In the case of winnings from horse races, TDS