Special tax on lottery prizes and betting
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How much do I pay in taxes if I win 1,000,000? If your gross prize for lump sum payout is $1,000,000, you need to pay $334,072 in total tax ($240,000 federal
dogs playing poker cassius marcellus coolidge In Australia, lottery winnings are classified as tax-free income This includes all prizes won through Golden Casket, NSW Lotteries, Tatts, Tatts NT and SA
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