How come America taxes the lottery winners but the UK, Australia

tax on lottery winnings australia
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The lottery tax payable for a month is the gross tax amount for Australian Taxation Office Australian Transaction Reports and

Lotteries in Australia include various lottery related products licensed by The Lottery Corporation, The Lottery Office and Lotterywest Australian lottery The Australian Taxation Office has set guidelines regarding the tax on gambling profits in Australia Winnings from casino games

magic kingdom slot Net lottery winnings are the total amount of winnings that remain after subtracting the cost of the lottery ticket The exact amount of tax You don't pay tax on your lottery winnings, and any money gifted to family and friends is free of tax The only tax you or the gift recipients