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

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Lottery winnings, considered taxable income, are subject to both federal and state income taxes The Internal Revenue Service imposes a

Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes, 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%

cash ultimate slot Lottery winnings, considered taxable income, are subject to both federal and state income taxes The Internal Revenue Service imposes a Winnings received are not taxable as they are windfalls and not considered as an income You do not need to declare the winnings in your Income