Tax on winning lottery, puzzle, card game, horse race

Lottery and Gambling Winnings · 5% for Lottery payouts between $10,001 and $500,000; · 8% for Lottery payouts over $500,000; and · 8% for

California lottery We do not tax California Lottery or Mega millions Visit Schedule CA Instruction 3s for more information How to report

taxes on lottery winnings in texas ITR Form: Winnings from the lottery, puzzles, betting, etc are treated as Income from Other Sources The taxpayer should file ITR-1 (if income

taxes on poker tournament winnings Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%