Im a dual citizen in ontario canada If I win 1 million

lottery winnings tax canada
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In Canada, lottery winnings are not considered regular income, so they are not taxed like your job's salary would be Instead, they're seen as a windfall or a

Tax on certain assets, including any gains you make from: ISAs or PEPs; UK government gilts and Premium Bonds; betting, lottery or pools winnings When someone foster parent payments; income earned on a First Nations community in Canada; lottery winnings totalling over $3,600; gifts and inheritances totalling over

michael jackson slot machine for sale Most lottery winnings are exempt from tax under section 87 of the Indian Act Lottery Guide to Ontario Online Bingo UFC Betting in Canada If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you didn't give the payer your tax ID number, the withholding