An an Indan Citizen, What if you win 1 Billion Lottery grand jackpot

Do you need to pay tax on lottery winnings? if you win 10 million in a lottery how much is taxed If you take the lump sum option, there will be a federal tax of 24% on your winnings — about $ million You'd also owe more at tax time, if you win the lottery how much do you get If they choose the $ million cash option, the 24% withholding automatically reduces the prize by about $129 million However, the jackpot

if i won the lottery i wouldn''t tell anyone but there would be signs Lottery winnings are not regarded as taxable income But there are indirect ways where your winnings could be taxed Essentially, even though