Gambling and Lottery Winnings

do you get taxed on winning the lottery
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Like all other taxable income, the IRS requires you to report prizes and winnings on your tax return, too That means you might have to pay

In India, lottery winnings are subject to a flat tax rate under the Income Tax Act Here is a breakdown of the tax implications for winning

domtoto slot If you receive your winning in property or services, you will have to include the fair market value of your winnings on your tax return A Final Reminder

download lottery app Like all other taxable income, the IRS requires you to report prizes and winnings on your tax return, too That means you might have to pay