Publication 140-W - FAQS: New York State Lottery Winners -

how much tax is taken out of lottery winnings
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Under Section 194B of the Income Tax Act, 30 per cent tax is deducted on any prize money in excess of Rs 10,000 and other winnings from games,

Amounts won from a game show or lottery are taxable under Section 56 of the Income Tax Act, 1961 According to Section 194B winnings from lotteries,

how many people won the lottery Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

how to be good at poker Under Section 194B of the Income Tax Act, 30 per cent tax is deducted on any prize money in excess of Rs 10,000 and other winnings from games,