Here's what the $1 billion Powerball winner could owe in taxes

what is the tax percentage on lottery winnings
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The CT Lottery is required by law to report and withhold federal income tax on all gambling winnings valued at more than $5,000 (Under certain

As per section 194B of the income tax act, all the winnings over and above Rs 10,000 will be subject to a TDS of 30% With cess and surcharge,

what is a value bet in poker The duty is based on the number of players that can play at a game of chance machine How would you rate this page?

what is lottery tax In fact, lottery winnings are taxed, with the IRS taking up to 37% Curiously, though, only 24% is withheld and sent directly to the government