Income tax in Canada

The winner would then face a mandatory 24% federal tax withholding to the IRS, reducing the prize money to $ million, plus a federal

You'll be glad to know that any prizes you win in a lottery are generally tax-free in Canada If you win something other than cash, such as

canada lottery prize You'll include the amount of your winnings when you file your tax return for the year rather than at the casino when you claim them Make sure to keep good

canada green card lottery free registration Canada Child Tax benefits and benefits from related provincial and territorial programs; Child assistance payments; Lottery winnings tax issues, contact Tax