Tax on Lottery Winnings in India Section 194B of IT Act

do you have to pay tax if you win the lottery
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Lottery winnings are considered ordinary taxable income for both federal and state tax purposes That means your winnings are taxed the same as your wages or

At present, lotteries run by state governments attract 12% GST while those authorised by them and sold outside the state are taxed at 28% The Lotteries ( Because neither S Corp income nor lottery winnings are subject to the % tax on investment income that is part of Obamacare Yes, it's

akshaya lottery ak 616 If you win a 1 billion $ jackpot in US you pay around 450 mil -600 mil , and remaining can be transferred to India without any tax , No, winnings are taxed at a flat rate of % They are not taxed at the tax slab rate of the individual Q- When will awards be tax-free?