Directive 86-24: Lottery Winnings; Lottery Tickets -

The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that

Then you will have to pay tax on ₹4 lakh at the rate of % while your income will be taxed at the relevant slab rate after deducting

how much is national lottery ticket Although the winnings itself is tax-free There are some taxes to pay after you get the winnings The tax people always get their cut, doh!

how to claim free lottery ticket Before the winner receives any of the money, however, the IRS automatically takes 24% of the winnings The rest of the winnings are expected to be paid by the