$ billion Mega Millions: How is the lottery taxed in CA?

That's because CRA doesn't deem Olympic awards “prescribed prizes,” which are tax-free Such prizes include lottery winnings and awards like the Nobel Peace

You would have to report your lottery winnings on your US tax return and pay taxes on them at your regular income tax rate You may also have to

taxes on lottery But he didn't know it'd be $66 million, a Lotto 649 Gold Ball jackpot record for Western Canada taxes ” Advertisement 3 Story

taxes lottery Net lottery winnings are the total amount of winnings that remain after subtracting the cost of the lottery ticket The exact amount of tax