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do you pay tax if you win the lottery

How much do you pay in Pennsylvania taxes on lottery wins?

do you pay tax if you win the lottery

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do you pay tax if you win the lottery

website do you pay tax if you win the lottery Prizes that are given in a competition or contest are not taxable gambling or lottery winnings if no advantage or inequality in amount or value is offered or download free slot machine games As we all follow reality shows and know about their fascinating prize amounts of money, do we know about the taxability of such income?

do you pay tax if you win the lottery The prize money will be considered as separate from your income, and your regular income will be taxable as per your income tax rate slab You do not get any  If your net winning from such gaming exceeds INR 10,000, they would deduct TDS at 30% and credit the remaining amount to your account Hope this  In the United States, the taxation of lottery winnings varies from state to state While some states impose taxes on lottery winnings, others do not

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