How much $ Powerball winner takes home after taxes

how much taxes are deducted from lottery winnings
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When you win the lottery, your winnings are considered ordinary taxable income Your prize money is taxed at the same rate as your wages and

Before the GST Council meeting on Friday, the lottery industry pitched for a single rate of 12 per cent and removal of tax on the prize money Currently only

how to win online poker Flat Tax Rate*: Lottery winnings are taxed at a flat rate of 30% under Section 115BB of the Income Tax Act Surcharge and Cess: In addition to

how much are lottery tickets in california The TDS of % is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab