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If You Win Lottery How Much Is Taxed in UK

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Post time 2025-10-21 21:28:02 | Show all posts |Read mode
In the UK, lottery winnings are generally tax-free. This means if you win a prize from the National Lottery or other similar lotteries, you do not have to pay income tax or capital gains tax on the amount. However, it is important to note that if you invest the winnings and earn interest, that interest may be subject to tax. Always consult a financial advisor for personalized advice.

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