If I won a lottery of 20 crore, how much will I get after tax deduction

You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize

As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount

how to cancel postcode lottery subscription You do not need to declare the winnings in your Income Tax Return Related Content Pages Individuals required to file tax · Pages Individual

how much is each chip worth in poker You can make estimated tax payments if you think you may owe more Like the IRS, most states treat lottery and gambling winnings as income