Reddit Canada Weighs in on Lump Sum vs Monthly Lottery Payouts

are lottery winnings taxed in canada
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The lottery prize payments are gambling winnings taxed as ordinary income outside Canada: 485-6800 Hotline for the hearing and speech

You'll be glad to know that any prizes you win in a lottery are generally tax-free in Canada If you win something other than cash, such as

are slot machines legal in missouri How is your gambling taxed in Canada? The good news is that, in most cases, your winnings aren't taxable unless you're a professional gambler · Taxes on lottery

area slot 159 Income from winning from lotteries, crossword puzzles, etc , is taxed at a specified tax rate You can also claim deductions for expenses that