Tax Advice for New Lottery Home Winners

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California law prohibits the imposition of any state or local tax on the sale of lottery tickets or shares of the lottery, any prize awarded by the In Canada, lottery winnings are not considered regular income, so they are not taxed like your job's salary would be Instead, they're seen as a windfall or a

tz-061 Tax Band 3: Any prize above $5,000 is subject to a tax rate of % for non-residents Texas lotteries Ontario generated lottery sales of approximately billion Canadian dollars in 2021, making it the Canadian province with the highest