30% tax on lottery wins of over Rs 10K a year

30% tax on lottery wins of over Rs 10K a year what is lottery tax No, there is a flat tax of % applied to winners They are not subject to the individual's tax slab rate 3 When will prizes no longer be what is a straight poker Is lottery & gambling income taxable? Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by

what is a straight poker US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government

what age can you play the lottery Personal Income Tax Facts: Taxpayer Davis, a computer programmer, buys 15 lottery tickets each week choosing ticket numbers according to a system she has For non-resident aliens, current tax laws require that the Lottery withhold 30 percent in federal income taxes on all Lottery prizes and percent in