23VAC10-140-282 Withholding on lottery prizes

Lottery winnings are considered taxable income for both federal and state taxes How are lottery winnings taxed under federal and state? Lottery

These winnings are taxed under section 115BBJ of the Income Tax Act, 1961 According to Section 115BBJ, income in the nature of winnings

income tax on lottery winnings in india Income from game shows and lotteries is counted separately from the rest of one's income for taxation purposes Winnings from such sources fall

income from winning of lottery is taxable under Are lottery winnings from other states taxable for New Jersey gross income tax purposes? Companies that obtain the right to lottery payments from the winner