Publication 140-W - FAQS: New York State Lottery Winners -

if you win lottery how much is taxed
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If your winnings are in the form of a car or jewellery or apartment or any moveable or immovable asset, then you have to pay the TDS of % to the government

So after subtracting the cost of your ticket, you will owe federal income taxes on what remains How much exactly depends on your tax bracket,

if you win the lottery in canada is it taxed The top federal tax rate is 37% for income over $500,000 The first thing that happens when you turn in that winning ticket is that the federal

if i won the lottery the first thing i would buy would be a Over and above the Kerala lottery prize tax of 30%, and 4% cess will also be applicable This brings the effective taxation rate to % In