Should your gambling winnings be taxed? - intheblack

do you pay tax on lottery winnings in australia
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In Australia we pay $0 in taxes for a lottery win Lottery in Australia is TAX FREE

are not included in taxable income for the year in which they are paid This means that contributions during a tax year can be deductible, lowering taxable Instead, they use the lottery money to pay for the education budget, spending the money that would have been used on education if there wasn

u9play slot game Lotterywest is the only government owned and operated lottery in Australia Lotterywest customers can apply to become Lotterywest members, which entitles them Apart from making money doing something they enjoy; professional gamblers are also lucky as their winnings are generally tax free in Australia Taxation ruling