Home Ministry wants all lottery prize payments to be made via

The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes

Lottery winnings in India are subject to a flat 30% tax rate This means that if you won 20 crore, you would have to pay 6 crore as tax,

lottery winner in michigan Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The

lottery sambad 08 12 23 It also reduces state and federal tax receipts from lottery prizes because some of the so-called discounters claim the purchase price of a