Lottery prize money or gambling winnings

Lottery thehealthlottery Studies in developed countries have exploited variation in wealth or income induced by lotteries (Brickman et al , 1978; Lindahl, 2005; Gardner and Oswald, thehealthlottery Where the Money Goes · The Lottery returns the largest share of its ticket proceeds to winning players in the form of prizes · As required by law

thehealthlottery Over and above the Kerala lottery prize tax of 30%, and 4% cess will also be applicable This brings the effective taxation rate to % In