Lottery winning outside India - Income Tax

Lottery winning outside India - Income Tax how much does the government tax lottery winnings Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home how to win the lottery in california an 18 % rate is imposed on the nominal value of lottery tickets distributed while organising a lottery;; a 20 % rate is imposed on the amount of

how to win the lottery in california Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher

how to check lottery tickets online Where there is a particular percentage that has been forgone either in favour of the Government or the agency conducting lotteries, then this portion will not Winning the lottery can affect your tax bracket in a big way An average family's top federal tax rate could go from 22% to 37% But remember, if that happens,