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is lottery taxed

is lottery taxed

Won a lottery or prize money in India? Here's what you need to know is lottery taxed The income tax deducted on lottery winnings cannot be claimed as a refund as it is the straight income tax deducted from the winnings of the is there a slot machine app for real money Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The

is postcode lottery a con Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,

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