Won a lottery or prize money in India? Here's what you need to know
Won a lottery or prize money in India? Here's what you need to know
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US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government
Under Act 84 of 2016, the Pennsylvania personal income tax of percent now applies to Pennsylvania Lottery cash prizes paid after January 1, 2016 While you don't have to report lottery winnings of $600 or less, if you win more than $5,000, the government will hit you with a 24 percent federal withholding
online poker real money wisconsin State tax rates on lottery winnings vary If you live in Georgia, your state tax rate for lottery winnings is % That means you get So if a person is a resident of India, the amount of lottery, winnings shall be taxed under Income From Other Sources in India even if it
