If I won a lottery of 20 crore, how much will I get after tax deduction

tax for lottery
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Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home

Prize winners pay betting and lottery tax on prizes If you organise a national game of chance and reside or are based in the Netherlands, you can deduct

taxes on lottery winnings florida If you take the lump sum option, there will be a federal tax of 24% on your winnings — about $ million You'd also owe more at tax time,

taxes on million dollar lottery All must pay lottery tax of % with cess if the winning amount is above Rs 10000, regardless of their income, winnings, age,