What is Tax on Kerala Lottery Prize Money?

if u win the lottery how much is taxed
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Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %,

A: Ten percent Q: What is the Lottery Winnings Tax? A: It is a tax charged on all prize money Lottery winnings, considered taxable income, are subject to both federal and state income taxes The Internal Revenue Service imposes a

bonus poker pay tables What would you pocket after paying Powerball taxes? Now, say somebody else wins the Mega Millions You've still got a chance at Powerball If The governing lottery body withholds 24% of the prize automatically, leaving the balance to be paid by the winner, according to Lottery USA If