How much money will you get after taxes if you win the Powerball

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The tax withholding rate is 24% for lottery winnings, less the wager, for prizes greater than $5,000 An example of the calculation used to determine whether a

If the total amount won exceeds Rs 10 lakhs, a further 10% surcharge is also applicable To sum it up, the actual winning amount or value is The CT Lottery is required by law to withhold Connecticut state income tax on all gambling winnings that are either: 1) subject to federal

slot game to win real money A: Effective August 13th 2018, lottery winnings are subject to taxation Q: What is the rate of tax? A: Ten percent  The current TDS rate on such winnings is 30%, with the total tax liability, including surcharge and cess, amounting to % Winning award