Tax on winning lottery, puzzle, card game, horse race

Lottery Tax Calculator calculate taxes on lottery winnings lottery # 17,500 He purchased lottery tickets for # 5,000 during the previous year Winnings Compute taxable income of Shri Bhagwan Rawat for the calculate lottery winnings How to calculate gambling duty ; 1 Totalisator betting in connection with horse racing, 25% x (Amount of bets received - Winnings paid out

calculate lottery odds As per section 115BB of the Income-tax Act,1961, the entire income from winning lotteries, games show, etc will attract tax at the rate of 30%