lottery winning taxes
Taxes on Lottery Winnings in UK
lottery winning taxes
lottery winning taxes
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lottery winning taxes You are taxed on anything you win, whether it's cash, an item, a trip, or a service · Winnings are subject to federal and state income taxes · Most tangible As per section 115BB of the Income-tax Act,1961, the entire income from winning lotteries, games show, etc will attract tax at the rate of California, unlike some other states, does not levy income tax on lottery tickets purchased within its borders However, this doesn't mean