What is the Tax for Lottery Winnings Prize in Kerala? TDS

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However, California is one of the 13 states that do not collect additional taxes on residents' lottery winnings So how much will Wednesday's

Prizes of $1 to $599 should be claimed at participating California Lottery retailers If your prize is $600 to $1,000, continue to Step 2 below STEP 2  The reward would be subject to tax according to Section 56 and reported under the title “Income from Other Sources ” The lottery winners are

replication slot does not exist Nope, contrary to what everyone would assume, California is actually one of the best states to win the lottery since there is no state tax on Lottery winnings are considered taxable income for both federal and state taxes · Federal tax rates vary based on your tax bracket, with rates up to 37%