Income Tax Folio S3-F9-C1, Lottery Winnings, Miscellaneous

income from winning of lottery is taxable under
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Income from game shows and lotteries is counted separately from the rest of one's income for taxation purposes Winnings from such sources fall

So after subtracting the cost of your ticket, you will owe federal income taxes on what remains How much exactly depends on your tax bracket,

income tax on lottery winnings in india Other Sources which include : What is the Threshold limit to Opt for the presumptive taxation

income tax slot The prize money so distributed falls within the meaning of “winning from any card game and other game of any sort” and therefore, under