Do you need to pay tax on lottery winnings?

what are the taxes on lottery winnings
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A single ticket in New Jersey won the $ billion Mega Millions jackpot Here is how much the winner will owe in taxes

According to Section 194B of the IT Act, 1961, a tax rate of 30% is applicable on lottery winnings exceeding Rs 10,000 This is treated

what time is tonight''s lottery draw Winnings are taxed the same as wages or salaries are, and the total amount the winner receives must be reported on their tax return each year Before the winner

what is the straddle in poker Federal taxes are the same for everyone Winnings are taxed 24% upfront, although the total tax bill will almost certainly be 37% when you