Lottery Duty -

Over and above the Kerala lottery prize tax of 30%, and 4% cess will also be applicable This brings the effective taxation rate to % In

Interesting story indeed If an individual receives a lottery win in Australia it is generally deemed a one off prize and not taxable The website advises

is online poker legal in massachusetts Levy and collection of tax on lottery 60 per cent , of taxable turnover plus surcharge levied under section 15-1A or Rs 5,00,000, whichever is higher :

is postcode lottery legit The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes