Top 4 Tips to Avoid Taxes on Lotto Winnings

how to avoid tax on lottery win
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How to report gambling income All gambling winnings are taxable including, but not limited to, winnings from lotteries, raffles,

of a prize the taxpayer won in connection with a lottery does not have any specific tax reduce or avoid income tax arising from the

how to play bonus poker Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

how many lottery combinations are there Before you receive your prize money, however, government tax collectors may claim their share of the prize In some lotteries (such as the US Powerball and Mega