$ billion Mega Millions: How is the lottery taxed in CA?
Amounts won from a game show or lottery are taxable under Section 56 of the Income Tax Act, 1961 According to Section 194B winnings from lotteries,
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Interesting story indeed If an individual receives a lottery win in Australia it is generally deemed a one off prize and not taxable The website advises
is the lottery a sin How Are Lottery Winnings Taxed? The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket,
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