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If the Prize money exceeds ,000, then the winner will receive the prize money after the deduction of TDS @% us 194B In the case of

Q: Do I receive cash or a check when claiming a prize? A: Prizes up to and including $50,000 should be claimed by mail at this time and will receive a check We Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

lottery most powerful good luck charms for money annuity: Which payout should you pick if you win Mega Millions, Powerball jackpots? — Lottery players nationwide have the chance at Lottery payouts are the way lottery winnings are distributed Typically, lotteries pay out around 50–70% of stakes back to players