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is there tax on lottery tickets

is there tax on lottery tickets

GOODS AND SERVICES TAX ON LOTTERY IN INDIA is there tax on lottery tickets Such income is generally taxed at a flat rate of 30% Nonresident aliens generally cannot deduct gambling losses The only exception is Canadian is lottery winning taxable in canada While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding

is postcode lottery legit Let's say you buy a ticket in a state that doesn't tax lottery prizes, or has a lower tax rate than your home state You'll still pay taxes

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