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In India, lottery winnings are subject to taxation under the Income Tax Act. When someone wins the lottery, the prize money is considered as income from other sources and is taxable at the applicable slab rates. For Indian residents, if the lottery winning exceeds a certain threshold, it may attract a higher tax rate. Additionally, the lottery organizer is required to deduct Tax Deducted at Source （TDS） at 30% if the winning amount is above ₹10,000. This TDS is applicable regardless of the winner\“s total income. It is important for winners to declare this income in their tax returns and pay any additional tax if their total income falls in a higher tax bracket. Consulting a tax advisor is recommended to ensure compliance with Indian tax laws. |
