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If I win an overseas lottery of, let s say $10million, how much of that do I need to pay taxes on and which taxes?
If you received an e-mail telling you that you won an overseas lottery, then it is a scam and you did win anything. You will lose money, but not to taxes. If you did win…

an overseas lottery, then you need to pay tax on all of it. The only taxes you need to pay on it are income taxes.


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