Reddit Canada Weighs in on Lump Sum vs Monthly Lottery Payouts

do you get taxed on lottery winnings in canada   Dan docp041

The IRS will deduct, you get tax lawyer and get it back since you as a Canadian don't owe the IRS anything No tax on winnings in Canada

Note Income earned on any of the above amounts is taxable  Gambling winnings are fully taxable and you must report the income on your tax return Gambling income includes but isn't limited to winnings from lotteries,

le poker Non-taxable amounts Do not include the following in your income: Income that you earn from non-taxable amounts, such as interest income on lottery winnings, The IRS will deduct, you get tax lawyer and get it back since you as a Canadian don't owe the IRS anything No tax on winnings in Canada