Do you have to pay tax on a lottery win?
Do you have to pay tax on a lottery win?
is a lottery win tax free
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Lottery winnings are tax free but any income earned on those winnings is taxable and should a winner choose to gift some cash to their relatives
Depending upon what state the winner lives in, the lottery winnings may or may not be taxable at the state income tax level See > What's the
is lottery legal in india In the case of winnings from horse races, income is taxable at % without any exemption limit · There would be no deduction of any
is world series of poker free HM Revenue & Customs doesn't regard lottery winnings as income, so all prizes are tax-free