Why do we pay taxes on lottery winnings if the money people use to

What is Tax on Kerala Lottery Prize Money? is lottery winnings considered income
➡️【Mk.com】✅कैसीनो · खेलों की एक रोमांचक श्रृंखला की खोज करें · ➡️【Mk.com】✅कैसीनो पर ऑफ़र और कार्यक्रम · कैसीनो की दुनिया का अन्वेषण करें और पुरस्कार जीतें · हम जागरूकता बढ़ाने के लिए प्रतिबद्ध हैं… ✅  When do you have to report gambling wins? Gambling winnings are considered income — technically, “other income” — on state and federal tax is the lottery fixed Income from Other Sources: Lottery winnings or game show winnings are considered income from other sources under the Income Tax Act Taxable

is it better to take lottery cash or annuity Gambling winnings, lottery winnings and prizes are unearned income subject to the general rules pertaining to income and income exclusions NOTE