On winning a 1 crore lottery in India, how much taxes do you pay?

what is lottery tax
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A 20% tax is applied to winnings that exceed the equivalent of €500 The Lottery Office will pay you the exact amount of after-tax winnings collected from the

Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %,

what to do if you win a big lottery Lottery tax in Kerala, including cess and surcharge, stands at % So the Kerala lottery tax rate will be % of Rs 1 crore, that is, Rs

what to do when you win the lottery That is unless your regular household income already places you in the top tax bracket prior to winning In that case, all of it is taxed at 37% This can be