What is the Tax for Lottery Winnings Prize in Kerala? TDS

how much do they tax on lottery winnings
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How much are lottery winnings taxed ? Lottery winnings are subject to federal income tax at a rate of 24%, and some states may also impose their own tax on

Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,

how much does it cost to play the lottery Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

how do slot machine lines work Most prize winners pay a fixed federal income tax rate of 24% on their lottery winnings over $5,000 Federal prize withholdings are calculated on the amount of