What is Tax on Kerala Lottery Prize Money?

Gambling Winnings Tax taxes on lottery winnings calculator Just like other gambling winnings, lottery prizes are taxable income Lottery income is taxed like other gambling income, with initial taxes on 100 000 lottery winnings The lottery calculator below will help you estimate the amount of tax that may be withheld on lump-sum lottery winnings Enter the amount won

taxes lottery Section 194B - Winnings from Lotteries, Crossword Puzzles etc Section 194BB - Income by way of Winnings from Horse Races; Section 194C