How much tax will I pay on winning a Rs 10 Crore lottery in India?
The TDS of % is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab
How much $ Powerball winner takes home after taxes how much taxes are taken out of lottery winnings
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The federal tax rate on lottery winnings is 24%, but it can go up to 37% depending on the amount of your winnings For example, if you win $1
how to play in casino slot machine Tax Rate: Winning from lottery is taxable at a special rate of 30% No deduction is allowed Also no benefit of slab rate can be taken