Betting, Gaming and Lottery Tax

Are lottery winnings from other states taxable for New Jersey gross income tax purposes? Each company is required to file for a refund of the tax withheld, if

Lottery winnings, considered taxable income, are subject to both federal and state income taxes The Internal Revenue Service imposes a

is online poker legal in indiana Are lottery tickets tax-deductible? Yes IRS rules for gambling losses apply to lottery tickets The cost of those tickets can be taken as an

is it better to buy lottery tickets online or in store 10 lakh However, winning the prize requires you to pay taxes on your winnings If you win Rs 10 lakh, you will have to pay a 30