How Do Taxes on US Lottery Winnings Work?
The TDS of % is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab
Arizona Lottery winner brochure what is the federal tax rate on lottery winnings
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If you choose to donate, split, or assign your lottery winnings, in whole or in part, it is taxable to the recipient in the same way as for federal income tax
what are the best slot games to play online An average family's top federal tax rate could go from 22% to 37% But remember, if that happens, you likely won't pay the top rate on all your money That is