Won a lottery or prize money in India? Here's what you need to know

How winnings are reported to the IRS: Form W-2G · $600 or more if the amount is at least 300 times the wager (the payer has the option to reduce the winnings by

include in New York City taxable income the amount of the payment received in that year The lottery prize payment is gambling winnings taxed as ordinary

what is tonight''s lottery jackpot So if you're lucky enough to win, rest assured that your winnings are tax-free It doesn't matter how much you win or what game you play, you'll

what is three of a kind in poker If you win $1,000, your total income is $43,000, and your tax rate is still 22% It's conceivable that winning a large amount could bump your income into a