If you won the $60M lottery : rPersonalFinanceCanada

Taxation of Foreign Income taxes on lottery winnings calculator canada If you want to avoid surprises, use this tax calculator and find out how much you will owe in taxes on your lottery winnings taxes on lottery 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

taxes on 1 million dollars lottery winnings Taxable vs non-taxable windfalls · Lottery winnings · Gifts and inheritances · GSTHST credits · Income tax refunds · Canada Child Tax Benefits