How much tax do you have to pay for lottery winnings? It

lottery winnings; remittance of income from racingriding, etc , or any Gifting by a resident to another resident, in foreign currency, for the

You can't gift money to others to try to avoid paying taxes on the winnings In fact, if you gift enough, there might be even more taxes to pay!

australia dv lottery 2024 registration 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

nirmal bhagyakuri lottery result US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal