Reddit Canada Weighs in on Lump Sum vs Monthly Lottery Payouts

do you get taxed on lottery winnings in canada
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The odds of winning the lottery are highly remote Take Lotto 6 find out where you land in the gambling spectrum in Canada, check out:

You may be asked to verify these amounts Do not include: Canada Child Benefits; Ontario Child Benefits; GSTHST Rebates; Ontario Trillium Benefit; Assistance

download free slot machine The IRS will deduct, you get tax lawyer and get it back since you as a Canadian don't owe the IRS anything No tax on winnings in Canada

do lucky dips win the lottery If you receive a large winnings payout as a lump sum, you leave your money vulnerable to higher tax rates by the IRS Are foreign lottery