Does winning the lottery actually ruin your life?

tax on lottery winnings uk
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The simple answer is yes Phew, that was easy If you're a UK tax resident, you're exempt from paying the following taxes on your lottery

winnings from lottery; Activity of owning and maintaining race horses; Income taxable at special rates under section 115BBDA

tax for lottery in india At least some of your clients are likely to club together to play a lottery - known formally as a “syndicate” Winning could however lead to a nasty tax bill -

taxes from lottery winnings National Lottery Buy National Lottery tickets and scratchcards or collect winnings at your local participating Post Office branch UK selling National Lottery