Do you pay taxes on lottery winnings that happened in the US?

does canada tax lottery winnings
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So gamblers, like their Canadian counterparts, pay no tax on winnings here Whether the IRS may want a piece is another matter Gary's web

The winner would then face a mandatory 24% federal tax withholding to the IRS, reducing the prize money to $ million, plus a federal Depending on your other income and deductions, amounts withheld by the Lottery on your winnings may or may not be sufficient to meet your total tax obligation

lucky shamrock slot machine Ontario generated lottery sales of approximately billion Canadian dollars in 2021, making it the Canadian province with the highest Here's the truth with gambling taxes: both cash and noncash gambling winnings are fully taxable What are cash winnings? Cash winnings include money you