Won a lottery or prize money in India? Here's what you need to know

$ billion Mega Millions: How is the lottery taxed in CA? does lottery get taxed After the funds are credited to the bank account, the person must pay this within two months In the event that person does not, a 1 percent does lucky devil slot pay real money Winnings are taxed the same as wages or salaries are, and the total amount the winner receives must be reported on their tax return each year Before the winner

does loves sell lottery tickets Income from Other Sources: Lottery winnings or game show winnings are considered income from other sources under the Income Tax Act Taxable