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Tax Information

Tax Information

Daftar whats the tax on lottery winningswhats the tax on lottery winnings
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The basic tax rate throughout India for lottery winnings is 30 percent The rate is specific for the taxation of lottery winnings The tax rate

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,

whats a slot machine It will go directly to the IRS instead Your tax obligation is not yet fulfilled, however Lottery prizes get taxed under the same rules as

whats the lottery up to While you don't have to report lottery winnings of $600 or less, if you win more than $5,000, the government will hit you with a 24 percent federal withholding

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