What is the Tax for Lottery Winnings Prize in Kerala? TDS

Tallying Up the Taxes on Lottery Winnings - TurboTax if you win lottery do you pay tax Again, gifted lottery winnings themselves are not taxable But if you use the amount to generate income, some forms of taxes will apply Capital gains from it if i won the lottery there would be signs When you come into surprise money, you have to pay taxes on prize money Learn more with the tax experts at H&R Block

if you win lottery California, unlike some other states, does not levy income tax on lottery tickets purchased within its borders However, this doesn't mean the