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how much taxes is taken out of lottery winnings

how much taxes is taken out of lottery winnings

What Is the Tax Rate for Lottery Winnings? - Money how much taxes is taken out of lottery winnings The federal tax rate on lottery winnings is 24%, but it can go up to 37% depending on the amount of your winnings For example, if you win $1 how many hands should you play in poker A: The Lottery Winnings Tax is only charged on cash prizes A: All persons who receive more than $1,000 on their bet, the tax will be deducted from their

how to hack online slot machines with phone According to Section 194B of the IT Act, 1961, a tax rate of 30% is applicable on lottery winnings exceeding Rs 10,000 This is treated

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