Win big? Not so fast, says the taxman

Win big? Not so fast, says the taxman what is the tax on lottery winnings in australia
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what are the 6 most common winning lottery numbers Lotto winnings are tax free in Australia, the money is yours Any interest you earn off lotto sitting in the bank will be taxable as income

whats a good poker hand There are federal and state US taxes payable on larger US lottery winnings The federal tax rate that is paid as a non-resident winner is 30% on payouts above Lottery winnings 26AJ tax file number 202D; 202D TFN withholding tax TA Sch 1