Tax on Winning Game Shows and Lotteries
As income, the amount won gets added to your regular income and is subject to regular income tax Be aware! This could change the tax bracket
How much $1B Powerball winner takes home after taxes do you pay taxes twice on lottery winnings
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doubles slot Q- Would the winnings be taxed at the tax slab rate? No, winnings are taxed at a flat rate of % They are not taxed at the tax slab rate
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