Can you win the lottery and remain anonymous?
Can you win the lottery and remain anonymous?
You might also face taxes if you begin investing your lottery prize money in stocks or mutual funds and make profits off your lottery payout
Q: What taxes are withheld if I win a lottery prize? A: For residents and resident aliens, percent in federal and state withholding taxes is deducted Do I have to pay tax on any winnings? Lottery winnings are considered a windfall and not taxable in Canada Can I request a specific ticket number? No
live lottery result Canadian lottery winnings aren't taxable Whether you win $20 or $2 million — or even $20 million — you get to keep every last cent The logic applied in Canada However, you will not owe any taxes to the Canadian government If the amount is large enough, you may owe the US government income tax and