The Good and Bad of National Lotteries

You don't have to win the big jackpot to owe lottery taxes Your winnings are considered taxable and are added to your ordinary income when

Luxembourg lottery legislation to look up Are lottery winnings taxable in Luxembourg? The short answer is no Even if you win the top prize, you'll take it

is poker a card game Any money or prize you win from a game show, reality show or lottery, is subject to tax deduction at source You do not get any deduction or exemption

is ace high or low in poker straight When a national lottery jackpot balloons to hundreds Enter your monthly after-tax income into this free budget calculator to create a suggested budget