Do you pay tax on lottery winnings?

Lottery Tax Calculator: How It Works, What You Owe do you pay tax on the lottery Have you ever wondered about people who win money on game shows like Kaun Banega Crorepati, Bigg Boss, Indian Idol, etc , paying tax or not? Do doreenvirtue swag You might be curious if lottery winnings are subject to taxation No, in a nutshell, but here's what you need to know

download poker romania Tax treatment of winnings Winnings received are not taxable as they are windfalls and not considered as an income You do not need to declare