Understanding Section 115BB of the Income Tax Act

The federal tax rate on any prize over $5,000 is 24%, which gets immediately deducted from your winnings And for a large prize like the Mega

whether the Government is aware that the State of Kerala has fixed a Goods and Services Tax rate

taxes on 100 000 lottery winnings Two additional states, California and Delaware, don't tax lottery prizes And Arizona and Maryland's tax rates can vary depending on if you're a

tax for lottery in india shall attract a TDS rate of 30%, irrespective of the income tax bracket of the winner Moreover, the winnings cannot be clubbed with the regular