What to do with lottery winnings in Canada

website if you win the lottery in canada is it taxed 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 if you won the lottery 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

if you win the lottery in canada is it taxed As everyone knows, lottery winnings are tax free Unless you're receiving disability support from a provincial government, that is In , if  That depends on complex state laws and how you decide to take your money If you win the lottery, you'll likely be propelled into the highest  taxes or some if you would like your name entered into lottery pools, especially foreign Mail which is notifying you of winning large sums of money

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