Won a lottery or prize money in India? Here's what you need to know

how much tax is taken from lottery winnings
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Under Section 194B of the Income Tax Act, TDS will be deducted when the income is earned from the winning lotteries, card games, quiz shows, card games,

If the winner takes the payout, as many do, the federal tax would cut the prize by around $149 million In an estimate from USA Mega, an

how to calculate lottery odds This includes winnings from the Wisconsin Lottery and out-of-state lotteries No deduction is permitted on the Wisconsin income tax return for

how to use slot machine When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal