Do I need to pay tax on my winnings?

website if you win the lottery is it tax free However, you don't need to declare prizes won in ordinary lotteries such as lotto draws and raffles If you win prizes as a game show contestant, you only if i won the lottery i wouldn''t tell anyone meme All must pay lottery tax of % with cess if the winning amount is above Rs 10000, regardless of their income, winnings, age,

if you win the lottery is it tax free Lottery earnings are subject to federal and, sometimes, state taxes, according to the USA Mega website For example, California residents won't  taxable if they were taxable to you They must be reported on the Other Income line of Form IT-205, Fiduciary Income Tax Return; Form IT-201, Resident  A: It is a tax charged on all prize money in excess of $1,000, paid to a ticket holder Q: Will I be charged this tax if my prize is a house or car? A: The

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