What is Tax on Kerala Lottery Prize Money?

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

The average adult living in the poorest 1% of zip codes spends almost 5% of their income on lottery tickets, per the analysis

income from lottery The recent Powerball lottery set records, coming in at a whopping $ billion According to the North American Association of State and

income tax on lottery winnings in india Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %,