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HMRC to make Luke's winnings 'Littler' tax on lottery winnings uk Lottery wins are tax-free but you have to be careful Thankfully in Australia, if you win big in the lottery, you won't be taxed on that money taxes on lottery winnings florida Unlike many other forms of income, lottery winnings in the UK come with a pleasant surprise – they are entirely tax-free This means the amount

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tax percentage on lottery winnings In the UK, lottery winnings are subject to income tax at rates of 20% for basic rate taxpayers, 40% for higher rate taxpayers, and 45% for additional rate The simple answer is yes Phew, that was easy If you're a UK tax resident, you're exempt from paying the following taxes on your lottery