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It is income here, to be paid at whatever your particularl rate (by other income, deductions, exemptions, State tax, etc.) may be. If you have to pay a tax to a foreign country, you will get some or all credit for that toward tax due here.

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17y ago

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How much was the largest Euromillion lottery win in 2012?

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What percentage of tax do you have to pay on a large lottery win in India?

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