How To Minimize Taxes On Lottery Winnings—And Maximize Returns

how to avoid taxes on lottery winnings
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Can you avoid taxes on a Mega Millions payout? Having a winning ticket from a state that won't tax your lottery winnings (including for example, California

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% winnings, thereby avoiding federal income taxes and receiving tax refunds lottery winnings Based upon their submitted lottery claims

game slot zeus Bell: First, figure out who the real winner of the lottery is If friends or family members contributed to your lottery ticket purchases, you Income that is not taxable You will not have to pay tax on: lottery winnings and other prizes; some government grants and payments; child support; the tax