Do you need to pay tax on lottery winnings?

Do you need to pay tax on lottery winnings? what is the taxes on lottery winnings Prizes that are given in a competition or contest are not taxable gambling or lottery winnings if no advantage or inequality in amount or value is offered or what''s the lottery for tonight Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no

what''s the lottery for tonight Section 194B of Income Tax Act, 1961 states that winnings from lotteries, game shows, card games, online games, crossword puzzles, quiz shows,

what is the best poker site The CT Lottery is required by law to withhold Connecticut state income tax on all gambling winnings that are either: 1) subject to federal Congratulations! · In Australia, lottery winnings are classified as tax-free income · This includes all prizes won through Golden Casket, NSW Lotteries, Tatts,