On winning a 1 crore lottery in India, how much taxes do you pay?

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You have to pay the taxes for those winnings in full The point is valid for all winnings, regardless of how you might have acquired those funds

How much tax does the IRS take from lottery winnings? The IRS automatically withholds 30% of net lottery winnings in the US The rate at which That's because lottery winnings are generally taxed as ordinary income at the federal and state levels In fact

dv lottery photo editor All lottery winnings are considered income and as such are taxed according to the applicable Federal, District, state and local laws The lottery cannot You have to pay the taxes for those winnings in full The point is valid for all winnings, regardless of how you might have acquired those funds