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does lottery money get taxed

does lottery money get taxed

Lottery Tax Calculator: How Your Winnings Are Taxed does lottery money get taxed When did this law take effect? A The law If you choose to donate, split, or assign your lottery winnings, in whole or in part, it is taxable to the does a straight beat a full house in poker Have you ever wondered about people who win money on game shows like Kaun Banega Crorepati, Bigg Boss, Indian Idol, etc , paying tax or not? Do

does lottery numbers have to be in order Any income received as prize money from a lottery is taxed under the head 'Income from Other Sources' As per Section 115BB, when a taxpayer's

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