Tax advisory

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

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

canada lottery pick 3 Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no

canada lottery ticket price Since gambling and lottery winnings are not taxable in Canada, you may be entitled to a refund of the amounts withheld Gambling Losses