Do you need to pay tax on lottery winnings?

30% tax on lottery wins of over Rs 10K a year is lottery taxable Lottery tax in Kerala, including cess and surcharge, stands at % So the Kerala lottery tax rate will be % of Rs 1 crore, that is, Rs is global poker real money Tax treatment of winnings Winnings received are not taxable as they are windfalls and not considered as an income You do not need to declare

is there a trick to winning the lottery If, for example, a lottery winner resides in a high-tax State, barring some nuance in State law, a lottery winner can change his or her domicile to a State that