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does lottery money get taxed

does lottery money get taxed

How Are Lottery Winnings Taxed in California? does lottery money get taxed A: Effective August 13th 2018, lottery winnings are subject to taxation Q: What is the rate of tax? A: Ten percent does the lottery get taxed Lottery winnings are taxed for the year in which they are collected, allowing winners who choose annuities to spread out the tax bill If you win a house, boat,

does higher pair win in poker Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %,

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