Directive 86-24: Lottery Winnings; Lottery Tickets -

A health and education cess at 4% of the total tax is imposed in addition to the introductory rate of 30% Consequently, % is the effective tax on lottery

US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government

tax act lottery calculator Additionally, it has also affected the tax collection of the Government Taxation of Lottery was done under two tax brackets 12% and 28% Goods and Services

taxes on lottery winnings canada shall attract a TDS rate of 30%, irrespective of the income tax bracket of the winner Moreover, the winnings cannot be clubbed with the regular