winning from lottery income tax section
How much tax will pay on winning a Rs 1 Crore lottery in India?
winning from lottery income tax section
winning from lottery income tax section
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winning from lottery income tax section Lottery winnings are considered taxable income for both federal and state taxes · Federal tax rates vary based on your tax bracket, with rates up to 37% Congratulations! You're a lottery winner Now you're probably wondering, is my prize taxable? In Australia, lottery winnings are Lottery and Gambling Winnings · 5% for Lottery payouts between $10,001 and $500,000; · 8% for Lottery payouts over $500,000; and · 8% for
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