How much money will you get after taxes if you win the Powerball

how do taxes work on lottery winnings
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Taxes deducted us 19B will apply after deduction of such bonus and commission from your winnings How will the TDS deduction work in case I win

Then you will have to pay tax on ₹4 lakh at the rate of % while your income will be taxed at the relevant slab rate after deducting How lottery prizes or winnings affect your taxes or potentially unemployment benefits, depends upon your individual financial situation Winning a lottery prize

lottery pictures How are lottery winnings taxed under federal and state? Lottery winnings are considered ordinary taxable income for both federal and state tax purposes That Congratulations! You're a lottery winner Now you're probably wondering, is my prize taxable? In Australia, lottery winnings are