Do you have to pay tax on a lottery win?

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Canadians are not taxed on lottery winnings, but any income earned by the winnings is taxable Tax laws change often and can vary This is why consulting with

Gambling winnings while in Vegas are taxable no matter where you're from If However, if gambling winnings are received as part of business income or in the context of a business activity, then those winnings are taxable

reel em in slot machine for sale income tax treatment of lottery prizes This guidance applies specifically The lottery prize payment is gambling winnings taxed as ordinary income  Lottery Tax Rules in Canada On the surface, you do not have to pay taxes on lottery winnings in Canada, and lottery winners don't have to report lotto prizes