Won a lottery or prize money in India? Here's what you need to know

What is the Tax for Lottery Winnings Prize in Kerala? TDS how much taxes is taken out of lottery winnings Lottery winnings and prizes are considered income by the IRS and are subject to federal and state income tax You'll owe taxes in the year how to play slot machines online 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 be a poker dealer Depending on your other income and the amount of your winnings, your federal tax rate may be as high as 37% You may also be subject to state