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when you win the lottery how much goes to taxes
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How do lottery taxes work? ; 10% $0 to $11,600 10% of taxable income ; 12% $11,601 to $47,150 $1,160 plus 12% of the amount over $11,600 ; 22

Tax Rate: Winning from lottery is taxable at a special rate of 30% No deduction is allowed Also no benefit of slab rate can be taken  10 lakh However, winning the prize requires you to pay taxes on your winnings If you win Rs 10 lakh, you will have to pay a 30

duck shooter slot You cannot deduct losses you claim as itemized deductions on Form 1040, Schedule A Please note: If you were a Massachusetts resident for part of the tax All must pay lottery tax of % with cess if the winning amount is above Rs 10000, regardless of their income, winnings, age,