How much money will you get after taxes if you win the Mega

what is the tax for lottery winnings   Dan what is the tax rate on lottery winnings

No tax deduction will be required if the winning amount is within Rs 10000 What is the Penalty for non-compliance under Section 194B? The

That's because lottery winnings are generally taxed as ordinary income at the federal and state levels In fact You may receive a Form W-2G, Certain Gambling Winnings and have federal income taxes withheld from your prize by the gambling establishment if

lottery pictures ITR Form: Winnings from the lottery, puzzles, betting, etc are treated as Income from Other Sources The taxpayer should file ITR-1 (if income Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %,