Is lottery prize money tax free in India?

Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no

In the case of winnings from horse races, income is taxable at % without any exemption limit · There would be no deduction of any

aren slot Lottery prize money is not tax-free in India If you win an amount that exceeds , then the amount is subject to TDS as per the

arena poker Who is exempt from paying tax on lottery winnings? States with no state income tax, like Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming do