Win big? Not so fast, says the taxman

are lottery winnings taxable in canada
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No, lottery winnings in Canada are not taxable, though any money made from such winnings is For example, if you deposit your winnings in a bank

Instructions: Gambling and lottery winnings for residents of Canada are included on line 10a of Schedule NEC Proceeds from lotteries and raffles are also

are poker sites rigged Although lottery winnings aren't taxable in Canada, the owner of a lottery home may have to pay a capital gain tax if they choose to sell the house

area slot auto Since gambling and lottery winnings are not taxable in Canada, you don't have to include your winnings on your Canadian personal tax return Get Started