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Why do we pay taxes on lottery winnings if the money people use to

Why do we pay taxes on lottery winnings if the money people use to

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You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize

Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %, You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize

astro magic slot machine US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government lottery winnings; remittance of income from racingriding, etc , or any Resident individuals can remit up to net

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