In Canada lottery prizes are not taxed so why do some

are lotto winnings taxed in canada   Dan are lotto winnings taxed in canada

Taxes Good news: Lottery winnings are not taxable! Therefore, no federal or provincial taxes are payable on actual winnings However, revenue generated by

When are gifts taxable in Canada? In general, the government of Canada does not impose taxes on gifts Regardless of the amount, you may not declare any gift or Editor's Note: Are taxes on prize winnings reported on your tax return? What about taxes on lottery earnings? We're here to tell you!

sweet rush megaways demo Taxable vs non-taxable windfalls · Lottery winnings · Gifts and inheritances · GSTHST credits · Income tax refunds · Canada Child Tax Benefits Do I have to pay tax on any winnings? Lottery winnings are considered a windfall and not taxable in Canada Can I request a specific ticket number? No