Lottery Winnings: How much tax? How much can I give to family?

Lottery Winnings is lottery money taxed With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37% (So after is online lottery legal in india You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize

is playing poker at home illegal A: Effective August 13th 2018, lottery winnings are subject to taxation Q: What is the rate of tax? A: Ten percent