Win big? Not so fast, says the taxman

Are Lottery or Gambling Winnings Taxable in Canada? is there tax on lottery winnings in canada Any amounts arising from any source, including lottery winnings, can be gifted to any person without Canadian tax implications Related Post is lottery tax free The amount or value of a prize received by a taxpayer from a lottery scheme is not taxable as either a capital gain or income This will be

is it safe to buy lottery tickets online An Ontario individual, however, was recently successful in convincing the lottery corporation to mute all publicity about their win The lottery