How much tax will I pay on winning a Rs 10 Crore lottery in India?

how much taxes is taken out of lottery winnings
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The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn

Massachusetts gross income is divided into two classes, Part A income taxed at 10% and Part B income taxed at 5% Part A income is comprised of interest,

how to avoid taxes on lottery winnings The IRS automatically takes 25% of any lottery winnings as tax money, so you can already drop that cash lump sum to $451,875,000 The sign on

how does 2nd chance lottery work You have to pay the taxes for those winnings in full The point is valid for all winnings, regardless of how you might have acquired those funds