On winning a 1 crore lottery in India, how much taxes do you pay?

What Is the Tax Rate for Lottery Winnings? - Money do you pay tax if you win the lottery So, when you take the cash option, you will end up with $374,954,812 after federal taxes Now it is the state's turn State tax rates on lottery do casinos tighten slot on weekends Congratulations! You're a lottery winner Now you're probably wondering, is my prize taxable? In Australia, lottery winnings are classified as tax-free

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