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Income Tax on winnings from Lottery, Game Shows, Puzzle

Income Tax on winnings from Lottery, Game Shows, Puzzle

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Estimate your federal refund or calculate your potential tax bill Enter your income, filing status, age, and common deductions and adjustments to learn

Tax Act Surcharge and Cess: In addition to the 30% tax, a surcharge and health and education cess are also applicable 2 Calculation: The winnings are subject to a flat tax rate of 30% without any deductions The tax is usually deducted at

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