Are My Prize or Lottery Winnings Taxed in Canada? - TurboTax

why are lottery winnings not taxed in canada
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Income from winning from lotteries, crossword puzzles, etc , is taxed at a specified tax rate You can also claim deductions for expenses that

After all the federal taxes, including the 24% tax, your total jackpot will be $493,516,045 What do you want to know about life in Sacramento?

why does my lottery ticket say see retailer ontario Again, lottery winnings are windfalls And since windfalls are not subject to taxes in Canada, your lottery winnings can remain untaxed Even your winnings

why is the lottery taxed lottery winnings are excluded in Canada , but the United States taxes not deductible in the United States , although effectively the same thing can