Deduction for lottery winnings: non-company taxpayers may deduct all or a reduced portion depending on income and winnings thresholds. A new provision allows assessees other than companies to deduct lottery winnings when computing total income. If the gross total income is at or below the lower income threshold or the winnings are at or below the lower winnings threshold, the whole winnings are deductible. Otherwise the deduction equals a specified base amount plus a percentage of the excess of winnings over the lower winnings threshold.