lottery tickets; in lieu tax

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

As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount

lottery tickets powerball The National Data Book Amusement Taxes and Lotteries No 498 Gross Revenue LOTTERY REVENUE STATE Gross revenue Amuse- ment taxes 1 Parimutuel

lottery sambad 28 4 24 Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %,