Won a lottery or prize money in India? Here's what you need to know
Won a lottery or prize money in India? Here's what you need to know
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do they tax lottery winnings
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Even if you won money gambling in another state, winners have to fill out a W-2G tax return in the state in which they are a non-resident and
When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal Do Lottery Winnings in India have to be Taxed? The Indian government has full control over how lottery winnings can be taxed The state
kerala lottery result kn489 Not all states tax lottery winnings Of course, they are tax free in those states that don't have any income taxes at all: Texas, Florida, South All gambling winnings are taxable including, but not limited to, winnings from: Lotteries; Raffles; Horse races; Casinos