Won a lottery or prize money in India? Here's what you need to know

Section 194B of Income Tax Act taxes paid on lottery winnings Winnings from lotteries or crossword puzzles are subject to Tax Deduction at Source under sections 194B and 194G of the Income Tax Act taxes on lottery winnings in texas A nonresident of Wisconsin is taxed on lottery winnings from the Wisconsin Lottery, as well as from a multijurisdictional lottery ,

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