If you hit the $750 million Powerball jackpot, here's your tax bill

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Congratulations! · In Australia, lottery winnings are classified as tax-free income · This includes all prizes won through Golden Casket, NSW Lotteries, Tatts,

Any payments that become due such as lottery winnings and insurance payouts If you are paying regularly by wage assignment or show a steady pay history Report phishing and scams Find out what to do If you receive unsolicited communications claiming to be from the IRS

florida lottery games with best odds HM Revenue & Customs doesn't regard lottery winnings as income, so all prizes are tax-free Your only prize will be cash from the pool, and those winnings are not taxable Giveaways If you receive a prize other than through a lottery