18-year-old wins $48 million Canadian dollars after

Income not taxed · gifts and inheritances; · death benefits paid from a life insurance policy; · lottery winnings; · winnings from betting or gambling for simple

Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments

do lottery scratchers expire Taxable vs non-taxable windfalls · Lottery winnings · Gifts and inheritances · GSTHST credits · Income tax refunds · Canada Child Tax Benefits

download free slot machines games As a general rule, winnings from gambling are not taxable, as they do not come from a source of income However, if