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Lottery winnings 20,000 5 Securities Transaction Tax paid 9,000 6 000 @ 20% 4,000 Tax on other income ß 5,40,000 : Tax on ß 5,00,000 12,500 Tax on

If you're wondering if you have to pay tax on lottery winnings then guess what, you've come to the right place! 0:00

000 in powerball lottery Cashing in a winning lottery ticket can seem like a dream come true However, before planning your life of luxury, understand how taxes affect your

000 tickets Some of the 45 states that sell Powerball and Mega Millions tickets don't withhold their own taxes on your winnings while most others will If