Do you need to pay tax on lottery winnings?

Section 194B of Income Tax Act lottery tax The reward would be subject to tax according to Section 56 and reported under the title “Income from Other Sources ” The lottery winners are lottery sambad bengal The TDS of % is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab

lottery movie on netflix A Lottery prizes subject to taxation Any lottery prize of $600 or more shall be subject to Virginia income tax To the extent included in federal adjusted