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In Pakistan, lottery winnings are generally considered as windfall gains and are subject to specific tax regulations under the Income Tax Ordinance, 2001. While there is no specific “gift tax“ on lottery winnings, such amounts may be taxable as income from other sources if they exceed certain thresholds. According to local tax laws, any prize money or lottery winnings received by an individual is included in their total income and taxed at applicable rates, depending on the tax slab they fall under.
It is important for winners to declare these winnings in their annual tax returns to avoid penalties. The Federal Board of Revenue （FBR） oversees the enforcement of these regulations. Additionally, cultural attitudes in Pakistan towards gambling and lotteries are mixed, with many viewing them as haram （forbidden） under Islamic principles, which can influence public perception and participation.
For accurate and personalized advice, consulting a tax professional or the FBR is recommended, as tax laws can change and may have specific exemptions or conditions based on the amount won and the recipient\“s circumstances. |
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Post time 2025-11-2 08:51:09