Do I need to pay tax on my winnings?

is the national lottery tax free
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How much are lottery winnings taxed ? Lottery winnings are subject to federal income tax at a rate of 24%, and some states may also impose their own tax on

You will be pleased to know that winnings from the lottery are tax-free So if the winnings are paid to you and you distribute it to members of

is lottery taxable in canada The Supreme Court on Thursday held that lottery, gambling and betting are taxable under the Goods and Services Tax Act

is there tax on lottery in canada Lottery winnings are exempt from tax You may be entitiled to a small tax refund given you wouldn't be earning anymore in the tax year ( you