How much $ Powerball winner takes home after taxes

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%

The tax shall be withheld on the entire amount of the prize, not merely the amount in excess of $5,000 The tax must be withheld by the Lottery Department on

how many numbers in lottery ticket This section levies a flat tax rate of 30% in addition to 4% Cess, which comes to % Lets have a look at Income Tax on winnings from

how to play caribbean poker Winnings from lottery are flat taxable at the rate of 30% under income tax act, 1961 · The basic exemption limit is not available in case of