is there tax on lottery in canada
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is there tax on lottery in canada
is there tax on lottery in canada
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is there tax on lottery in canada The sales of provincial and territorial lotteries in Canada reached approximately billion Canadian dollars in 2021 A: For residents and resident aliens, percent in federal and state withholding taxes is deducted for every Lottery prize over $5,000 Current federal tax cause you don't get taxed on the money you win, just what's generated from your winnings