Are lottery winnings taxed based on the ticket date or the redemption

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Congratulations! You're a lottery winner Now you're probably wondering, is my prize taxable? In Australia, lottery winnings are

TDS Rate: The TDS rate for lottery winnings is 30% us 194B of the winning amount For game show winnings, Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

lucky block lottery How to Calculate the Deduction of TDS in Section 194B For IRS purposes, winnings from lotteries and game shows are counted separately from your other income  All winnings over $5,000 are subject to tax withholding by lottery agencies at the rate of 24% This potentially leaves a gap between the