If winnings for lottery arise or accrue outside India, is it taxable in
If winnings for lottery arise or accrue outside India, is it taxable in
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New Yorkers, for example, could see their winnings taxed at up to % or more, depending on where in the state they live Only a few states —
If you sell or otherwise dispose of an asset that was a prize from a lottery, you must declare any capital gains you make in your tax return You must declare Congratulations! · In Australia, lottery winnings are classified as tax-free income · This includes all prizes won through Golden Casket, NSW Lotteries, Tatts,
poker chips denominations Proceeds of lottery prizes shall be subject to Kentucky state income tax A holder of a winning cash ticket from a Kentucky lottery game shall claim a Answer: Lottery payments are subject to tax as ordinary income While there is little you can do to avoid this income tax, there are steps you can take to