On winning a 1 crore lottery in India, how much taxes do you pay?

how much is the lottery taxed
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According to estimates from , the winner of the publicized $ billion Powerball jackpot would earn $329,792,812, if they take the

There are also some tax-free limits depending on how much money you choose to give to your family members, and your relationship to the

how to win the lottery book The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes

how to find lottery numbers Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home