Why are lottery winnings taxed so heavily? Shouldn't a win be a win?

Why are lottery winnings taxed so heavily? Shouldn't a win be a win? do lottery winnings count as income lottery prize from a lottery conducted outside this Commonwealth Nonresidents do not include these winnings as taxable income Pass-through Entities double stack slot Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

double stack slot Congratulations! · In Australia, lottery winnings are classified as tax-free income · This includes all prizes won through Golden Casket, NSW Lotteries, Tatts,

dolphin reef slot game Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %, The Lottery Department shall withhold Virginia income tax at the rate of % on the proceeds from any lottery prize in excess of $5,000 The tax shall be