How much tax will I pay on winning a Rs 10 Crore lottery in India?

lottery tax rate
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If you win over $5,000 from a Powerball or Mega Millions jackpot, or any lottery game, state lotteries are required to withhold 24% in federal

As per Section 194B of The Income-tax Act, 1961, if the prize money exceeds ₹10,000, then the winner will get the prize money after the

lottery sambad result nagaland Arkansas taxes lottery winnings at a rate of 7% Lottery Tax Rate California See more add_circle

lottery result today 50 50 The Minister further stated that vide Finance Act 2023, the rate in force is 30% This also includes winnings in kind or partly in cash and