Did a Canadian Win the $321-Million Mega Millions Lottery?
Did a Canadian Win the $321-Million Mega Millions Lottery?
The verdict? Canada doesn't tax citizens on financial windfalls Meaning? Pop the champagne because: Lottery winnings aren't taxable in Canada
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! Are lottery winnings taxable? Lottery winnings are considered a windfall and are not taxable in Canada If I win a car can I take the cash instead? Yes, you
भाग्यलक्ष्मी रिजल्ट भाग्यलक्ष्मी रिजल्ट Remember, you never have to pay to collect winnings from a legitimate lottery There are no other fees like duty, taxes, insurance, lawyers While lottery winnings are subject to state income tax in most states, withholding tax Canada's Tax-Free Savings Accounts Are a Huge Success
