Ways to reduce tax due on lottery & other gambling winnings

i see that there s 30% tax on lottery winnings in India, better make To avoid taxes Open my own trust fund redirect it to thier

The Ministry of Home Affairs has proposed that the prize amount for lottery winners be paid through formal banking channels to prevent tax

how to use slot machine Depending on how much you win, taking an annuity payment each year can keep you in a lower tax bracket and reduce your tax rate You can also

how does a poker tournament work Reason for Tax-Free Status: The reasoning is that these winnings are typically considered a windfall gain and are not earned from an income-