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what is the tax on lottery winnings in australia

Mary Holm: I've won $82,000 worth of prizes from competitions and

what is the tax on lottery winnings in australia

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what is the tax on lottery winnings in australia

what is the tax on lottery winnings in australia
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what is the tax on lottery winnings in australia All lottery winnings are subject to Federal taxation (automatically reported A$200M, PowerBall · Australia, 2, 1 February  Australia SECTION 26AJ Part III — Liability to taxation INVESTMENT-RELATED LOTTERY WINNINGS TO BE INCLUDED IN ASSESSABLE INCOME 26AJ  Income that is not taxable · lottery winnings and other prizes · some government grants and payments · child support · the tax-free portion of your redundancy

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