EJ1379009 - The Lottery Is a Tax on …, Canadian Journal of

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The CRA does not tax lottery winnings as the “luck” factor indicates that there was no prior expectation of profiting However, any income generated on your

canada lottery prize You'll report the income and the taxes already paid on it under Other Income on your Form 1040 tax return when you prepare your taxes for the year in which

canada dv lottery Like the other poster mentioned lottery winnings are not taxed in Canada If they were taxed as income, you'd be paying $400,000 + in taxes, not