Tax Advice for New Lottery Home Winners

Yes, non-residents can still play and win the lottery in Canada, but limitations may apply For example, the OLG only allows Ontario

The answer is no — so you can happily gift some of your lottery winnings tax-free on all sides Remember, inheritances and gifts aren't taxable

are lottery annuity payments guaranteed In general, the government of Canada does not impose taxes on gifts Regardless of the amount, you may not declare any gift or inheritance on your income tax

aressing Lottery winnings are free from income tax in Canada, even if they're won in another country