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So if you're lucky enough to win, rest assured that your winnings are tax-free It doesn't matter how much you win or what game you play, you'll

Winnings received are not taxable as they are windfalls and not considered as an income You do not need to declare the winnings in your Income

new texas lottery scratch offs Prize money is yours, all yours Cash won from winning the lottery will not be taxed This is because anything you get through inheritance, luck, or chance is

mahda lottery So by claiming the lottery winnings as a family partnership, a winner can claim that they are not making a taxable gift, because it was a family