{"id":1208,"date":"2025-12-13T22:52:02","date_gmt":"2025-12-13T22:52:02","guid":{"rendered":"https:\/\/canada.truenorthtaxes.ca\/?p=1208"},"modified":"2025-12-13T22:52:02","modified_gmt":"2025-12-13T22:52:02","slug":"do-you-pay-taxes-on-lottery-winnings","status":"publish","type":"post","link":"https:\/\/truenorthbenefits.ca\/taxes\/do-you-pay-taxes-on-lottery-winnings\/","title":{"rendered":"Do You Pay Taxes on Lottery Winnings?"},"content":{"rendered":"\n<style>\n:root {\n    --primary-color: #4F46E5;\n    --secondary-color: #10B981;\n    --text-dark: #1F2937;\n    --text-light: #6B7280;\n    --bg-light: #F9FAFB;\n    --border-color: #E5E7EB;\n    --success-color: #059669;\n    --warning-color: #F59E0B;\n}\n\n.vftc-wrapper {\n    font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, 'Helvetica Neue', Arial, sans-serif;\n    max-width: 1200px;\n    margin: 0 auto;\n    padding: 20px;\n    color: var(--text-dark);\n}\n\n.vftc-hero {\n    text-align: center;\n    padding: 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transform: translateY(-2px);\n    box-shadow: 0 4px 12px rgba(0, 0, 0, 0.2);\n}\n\n@media (max-width: 768px) {\n    .vftc-hero h1 {\n        font-size: 1.8em;\n    }\n    \n    .vftc-content {\n        padding: 24px;\n    }\n    \n    .vftc-features-grid {\n        grid-template-columns: 1fr;\n    }\n}\n<\/style>\n\n<div class=\"vftc-wrapper\">\n    <div class=\"vftc-hero\">\n        <h1>Do You Pay Taxes on Lottery Winnings in Canada?<\/h1>\n        <p>The truth about keeping your jackpot \u2014 what the CRA actually takes (spoiler: it&#8217;s better than you think)<\/p>\n    <\/div>\n\n    <div class=\"vftc-content\">\n        <p>You just scratched off a winning ticket or checked your Lotto Max numbers and realized you&#8217;re a millionaire. After the screaming and the champagne, reality kicks in: how much of this money do you actually get to keep? If you&#8217;re bracing yourself for the CRA to swoop in and claim half your winnings like they do down south, I&#8217;ve got some genuinely good news for you, eh?<\/p>\n\n        <div class=\"vftc-highlight-box\">\n            <h3>Quick Answer<\/h3>\n            <p><strong>Lottery winnings are completely tax-free in Canada.<\/strong> Whether you win $500 on a scratch ticket or $70 million in Lotto Max, the CRA considers it a windfall gain \u2014 not earned income. You don&#8217;t report it on your tax return, you don&#8217;t pay a penny in taxes on the prize itself, and you keep every single dollar. However, any income you earn from investing those winnings (interest, dividends, capital gains) is fully taxable.<\/p>\n        <\/div>\n\n        <h2>\n            <div class=\"vftc-icon\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M12 8c-1.657 0-3 .895-3 2s1.343 2 3 2 3 .895 3 2-1.343 2-3 2m0-8c1.11 0 2.08.402 2.599 1M12 8V7m0 1v8m0 0v1m0-1c-1.11 0-2.08-.402-2.599-1M21 12a9 9 0 11-18 0 9 9 0 0118 0z\"><\/path>\n                <\/svg>\n            <\/div>\n            Why Canada Doesn&#8217;t Tax Lottery Winnings\n        <\/h2>\n        \n        <p>Here&#8217;s the beautiful logic behind Canada&#8217;s tax-free lottery policy: the government already got their cut when you bought the ticket. Every time you drop $5 on a Lotto 6\/49 ticket or $20 on scratch cards, a portion funds provincial programs, charities, and community organizations through entities like the Ontario Lottery and Gaming Corporation. The CRA views the ticket purchase as an after-tax transaction, so taxing your winnings would be double-dipping.<\/p>\n\n        <p>Legally speaking, paragraph 40(2)(f) of the Income Tax Act explicitly excludes lottery winnings from taxable income. The CRA classifies these prizes as &#8220;windfall gains&#8221; \u2014 unexpected, non-recurring money from a non-customary source that doesn&#8217;t constitute employment, business, or property income. You had no enforceable claim to that jackpot, you didn&#8217;t organize a systematic effort to win, and there&#8217;s no reasonable expectation this&#8217;ll happen again next Tuesday.<\/p>\n\n        <div class=\"vftc-features-grid\">\n            <div class=\"vftc-feature-card\">\n                <div class=\"vftc-feature-icon\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M9 12l2 2 4-4M7.835 4.697a3.42 3.42 0 001.946-.806 3.42 3.42 0 014.438 0 3.42 3.42 0 001.946.806 3.42 3.42 0 013.138 3.138 3.42 3.42 0 00.806 1.946 3.42 3.42 0 010 4.438 3.42 3.42 0 00-.806 1.946 3.42 3.42 0 01-3.138 3.138 3.42 3.42 0 00-1.946.806 3.42 3.42 0 01-4.438 0 3.42 3.42 0 00-1.946-.806 3.42 3.42 0 01-3.138-3.138 3.42 3.42 0 00-.806-1.946 3.42 3.42 0 010-4.438 3.42 3.42 0 00.806-1.946 3.42 3.42 0 013.138-3.138z\"><\/path>\n                    <\/svg>\n                <\/div>\n                <h4>Provincial Lotteries<\/h4>\n                <p>Lotto Max, Lotto 6\/49, Daily Grand, Atlantic 49, Quebec Max \u2014 all completely tax-free regardless of the prize amount.<\/p>\n            <\/div>\n\n            <div class=\"vftc-feature-card\">\n                <div class=\"vftc-feature-icon\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M12 8v13m0-13V6a2 2 0 112 2h-2zm0 0V5.5A2.5 2.5 0 109.5 8H12zm-7 4h14M5 12a2 2 0 110-4h14a2 2 0 110 4M5 12v7a2 2 0 002 2h10a2 2 0 002-2v-7\"><\/path>\n                    <\/svg>\n                <\/div>\n                <h4>Scratch Cards &#038; Instant Wins<\/h4>\n                <p>Whether you win $5 or $500,000 on a scratch ticket, it&#8217;s yours to keep. Zero taxes, zero reporting required.<\/p>\n            <\/div>\n\n            <div class=\"vftc-feature-card\">\n                <div class=\"vftc-feature-icon\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M4.318 6.318a4.5 4.5 0 000 6.364L12 20.364l7.682-7.682a4.5 4.5 0 00-6.364-6.364L12 7.636l-1.318-1.318a4.5 4.5 0 00-6.364 0z\"><\/path>\n                    <\/svg>\n                <\/div>\n                <h4>Charitable Raffles<\/h4>\n                <p>Hockey team 50\/50 draws, hospital lottery homes, Big Brothers raffles \u2014 all tax-free because charitable donations are tax-exempt.<\/p>\n            <\/div>\n        <\/div>\n\n        <h2>\n            <div class=\"vftc-icon\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M12 8v4m0 4h.01M21 12a9 9 0 11-18 0 9 9 0 0118 0z\"><\/path>\n                <\/svg>\n            <\/div>\n            Where Taxes DO Hit: Investment Income\n        <\/h2>\n\n        <p>Now here&#8217;s where the tax-free party ends \u2014 the moment you invest your winnings, the CRA starts paying attention. Win $1 million and stick it in a savings account? That interest is fully taxable income. Buy dividend-paying stocks? Those dividends go on your T1. Sell investments at a profit? Capital gains tax applies to 50% of that gain.<\/p>\n\n        <p>This catches a lot of lottery winners off guard. They correctly understand the prize is tax-free, but then get blindsided when their accountant explains they owe taxes on the $50,000 in investment income their winnings generated. The smart play? Park as much as possible in a <strong>Tax-Free Savings Account (TFSA)<\/strong> where growth compounds completely tax-free, or consider an <strong>RRSP<\/strong> if you have contribution room and want to defer taxes.<\/p>\n\n        <div class=\"vftc-cta-box\">\n            <h3>Understand Your Tax Situation<\/h3>\n            <p>Calculate how investment income from winnings affects your tax bracket<\/p>\n            <a href=\"https:\/\/truenorthbenefits.ca\/taxes\/income-tax-calculator\/\" class=\"vftc-cta-button\">Use Tax Calculator<\/a>\n        <\/div>\n\n        <h2>\n            <div class=\"vftc-icon\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M21 13.255A23.931 23.931 0 0112 15c-3.183 0-6.22-.62-9-1.745M16 6V4a2 2 0 00-2-2h-4a2 2 0 00-2 2v2m4 6h.01M5 20h14a2 2 0 002-2V8a2 2 0 00-2-2H5a2 2 0 00-2 2v10a2 2 0 002 2z\"><\/path>\n                <\/svg>\n            <\/div>\n            The Professional Gambler Exception\n        <\/h2>\n\n        <p>There&#8217;s one scenario where lottery winnings could theoretically become taxable: if you&#8217;re classified as a professional gambler. But before you panic, understand that this is exceptionally rare for lottery players. The CRA looks for evidence that gambling is your primary source of income, organized as a business with systematic strategies, special knowledge, and profit-seeking intent beyond mere entertainment.<\/p>\n\n        <p>A recent Federal Court of Appeal case (Fournier-Gigu\u00e8re v. Canada, 2025 FCA 112) ruled that skilled poker winnings could be taxable business income for professional players. However, lotteries are pure chance \u2014 there&#8217;s no skill component, no inside information, no systematic approach that improves your odds. You can&#8217;t be a &#8220;professional lottery winner&#8221; because there&#8217;s no element of control or expertise involved.<\/p>\n\n        <p>Casino winnings from games of pure chance (slots, roulette) also remain tax-free for recreational players. Where things get murky is skill-based gambling like poker or sports betting conducted at a professional level with organized record-keeping, expense tracking, and consistent profit-seeking behavior.<\/p>\n\n        <h2>\n            <div class=\"vftc-icon\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M3.055 11H5a2 2 0 012 2v1a2 2 0 002 2 2 2 0 012 2v2.945M8 3.935V5.5A2.5 2.5 0 0010.5 8h.5a2 2 0 012 2 2 2 0 104 0 2 2 0 012-2h1.064M15 20.488V18a2 2 0 012-2h3.064M21 12a9 9 0 11-18 0 9 9 0 0118 0z\"><\/path>\n                <\/svg>\n            <\/div>\n            What About U.S. Lottery Winnings?\n        <\/h2>\n\n        <p>Here&#8217;s where Canadian lottery winners have it spectacularly better than our American neighbors. Win a U.S. lottery like Powerball or Mega Millions as a Canadian resident? You&#8217;ll face U.S. tax withholding (typically 30% for non-residents on the spot), but the prize itself remains a tax-free windfall in Canada. You won&#8217;t owe Canadian taxes on the principal amount.<\/p>\n\n        <p>However, you&#8217;ll need to file a U.S. tax return to report the winnings and potentially claim back some of the withholding, depending on tax treaty provisions. This gets complicated fast \u2014 definitely hire a cross-border tax specialist if you hit a U.S. jackpot. And no, you can&#8217;t avoid U.S. taxes by claiming the prize through a Canadian corporation or trust. The IRS has seen every trick in the book.<\/p>\n\n        <h2>\n            <div class=\"vftc-icon\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M12 4.354a4 4 0 110 5.292M15 21H3v-1a6 6 0 0112 0v1zm0 0h6v-1a6 6 0 00-9-5.197M13 7a4 4 0 11-8 0 4 4 0 018 0z\"><\/path>\n                <\/svg>\n            <\/div>\n            Sharing Winnings: Gift Tax Implications\n        <\/h2>\n\n        <p>Want to share your jackpot with family or friends? Good news \u2014 Canada has no gift tax, so the initial transfer of your tax-free lottery prize to anyone else is not a taxable event for either you or them. Hand your sister $100,000? Neither of you owes taxes on that principal amount.<\/p>\n\n        <p>The catch comes with income attribution rules if you gift to a spouse or minor child. If they invest that money and earn interest or dividends, that investment income gets attributed back to you and taxed at your marginal rate. Capital gains on gifted funds to spouses\/minors also get attributed back. Gifts to adult children don&#8217;t trigger attribution \u2014 the investment income is taxed in their hands at their rate.<\/p>\n\n        <p>Smart lottery winners who plan to share their prize establish the sharing arrangement immediately and document it clearly. If you bought the ticket as a group (office lottery pool, family syndicate), have a written agreement in place before purchasing tickets to avoid CRA scrutiny and potential disputes.<\/p>\n\n        <div class=\"vftc-cta-box\">\n            <h3>Learn About Capital Gains on Investments<\/h3>\n            <p>Understand how investment gains from lottery winnings are taxed<\/p>\n            <a href=\"https:\/\/truenorthbenefits.ca\/taxes\/taxable-capital-gains-canada\/\" class=\"vftc-cta-button\">Read Capital Gains Guide<\/a>\n        <\/div>\n\n        <h2>\n            <div class=\"vftc-icon\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M9 12h6m-6 4h6m2 5H7a2 2 0 01-2-2V5a2 2 0 012-2h5.586a1 1 0 01.707.293l5.414 5.414a1 1 0 01.293.707V19a2 2 0 01-2 2z\"><\/path>\n                <\/svg>\n            <\/div>\n            Employment Prizes and Workplace Awards\n        <\/h2>\n\n        <p>Not all &#8220;lottery-style&#8221; winnings are tax-free. If your employer runs a raffle or contest and you win a prize, that&#8217;s almost certainly taxable employment income \u2014 not a windfall. Cash awards, gift cards, or prizes won through workplace performance contests get added to your T4 slip, with CPP, EI, and income tax deducted.<\/p>\n\n        <p>The distinction is clear: if the prize is connected to your employment relationship or given in recognition of work performance, it&#8217;s taxable. If it&#8217;s purely a game of chance with no employment connection (like buying a raffle ticket from a coworker&#8217;s kid&#8217;s hockey team), it remains tax-free.<\/p>\n    <\/div>\n\n    <div class=\"vftc-faq-section\">\n        <h2>Frequently Asked Questions<\/h2>\n\n        <div class=\"vftc-faq-item\">\n            <div class=\"vftc-faq-question\">\n                Do I need to report my lottery winnings to the CRA?\n                <div class=\"vftc-faq-toggle\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                    <\/svg>\n                <\/div>\n            <\/div>\n            <div class=\"vftc-faq-answer\">\n                No. Lottery winnings in Canada are not reportable income. They don&#8217;t appear anywhere on your tax return, and the CRA doesn&#8217;t need to know about them. However, you must report any investment income you earn from investing those winnings.\n            <\/div>\n        <\/div>\n\n        <div class=\"vftc-faq-item\">\n            <div class=\"vftc-faq-question\">\n                Will winning the lottery affect my government benefits?\n                <div class=\"vftc-faq-toggle\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                    <\/svg>\n                <\/div>\n            <\/div>\n            <div class=\"vftc-faq-answer\">\n                The lottery prize itself won&#8217;t affect income-tested benefits since it&#8217;s not reportable income. However, investment income from your winnings increases your net income, which can reduce GST\/HST credits, Canada Child Benefit, GIS, or trigger OAS clawback. Strategic investing in TFSAs can minimize this impact.\n            <\/div>\n        <\/div>\n\n        <div class=\"vftc-faq-item\">\n            <div class=\"vftc-faq-question\">\n                What if I win a lottery home or car instead of cash?\n                <div class=\"vftc-faq-toggle\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                    <\/svg>\n                <\/div>\n            <\/div>\n            <div class=\"vftc-faq-answer\">\n                The prize itself is tax-free at fair market value when you receive it. However, if you later sell the home or car for more than its value when won, you&#8217;ll pay capital gains tax on the appreciation. For a home, the principal residence exemption can eliminate this tax if you live there before selling.\n            <\/div>\n        <\/div>\n\n        <div class=\"vftc-faq-item\">\n            <div class=\"vftc-faq-question\">\n                Can I lose my lottery winnings to taxes if I&#8217;m a professional gambler?\n                <div class=\"vftc-faq-toggle\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                    <\/svg>\n                <\/div>\n            <\/div>\n            <div class=\"vftc-faq-answer\">\n                Extremely unlikely for lottery winnings. Lotteries are pure chance with no skill element, so you can&#8217;t be a &#8220;professional lottery winner.&#8221; Professional gambler status applies to skill-based activities like poker or sports betting conducted as an organized business. Even then, it&#8217;s rare and fact-specific.\n            <\/div>\n        <\/div>\n\n        <div class=\"vftc-faq-item\">\n            <div class=\"vftc-faq-question\">\n                How much tax will I pay on interest from a high-interest savings account?\n                <div class=\"vftc-faq-toggle\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                    <\/svg>\n                <\/div>\n            <\/div>\n            <div class=\"vftc-faq-answer\">\n                Interest income is taxed at your full marginal tax rate, which ranges from about 20% to 53% depending on your province and total income. If you deposit $1 million and earn 5% ($50,000) in interest, you could owe $10,000-$26,500 in taxes. TFSAs shelter this income completely.\n            <\/div>\n        <\/div>\n\n        <div class=\"vftc-faq-item\">\n            <div class=\"vftc-faq-question\">\n                Do non-residents of Canada pay tax on Canadian lottery winnings?\n                <div class=\"vftc-faq-toggle\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                    <\/svg>\n                <\/div>\n            <\/div>\n            <div class=\"vftc-faq-answer\">\n                Non-residents don&#8217;t pay Canadian tax on lottery prizes won in Canada. However, their home country may tax the winnings \u2014 U.S. citizens must report and pay U.S. federal tax on worldwide income including Canadian lottery prizes. Check your country&#8217;s tax laws.\n            <\/div>\n        <\/div>\n\n        <div class=\"vftc-faq-item\">\n            <div class=\"vftc-faq-question\">\n                Can I claim lottery ticket purchases as a tax deduction?\n                <div class=\"vftc-faq-toggle\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                    <\/svg>\n                <\/div>\n            <\/div>\n            <div class=\"vftc-faq-answer\">\n                No. Recreational lottery players cannot deduct ticket costs. Since lottery winnings aren&#8217;t taxable income, the CRA doesn&#8217;t allow you to deduct the &#8220;expenses&#8221; of buying tickets. Only professional gamblers conducting a gambling business can potentially deduct expenses \u2014 but this almost never applies to lottery players.\n            <\/div>\n        <\/div>\n\n        <div class=\"vftc-faq-item\">\n            <div class=\"vftc-faq-question\">\n                What happens if I win an annuity prize (payments over time)?\n                <div class=\"vftc-faq-toggle\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                    <\/svg>\n                <\/div>\n            <\/div>\n            <div class=\"vftc-faq-answer\">\n                Each annuity payment is tax-free when received, just like a lump sum. For example, Daily Grand pays $1,000\/day for life \u2014 every single payment is yours tax-free. However, if you invest those payments, the investment income is taxable. The prize structure doesn&#8217;t change the tax-free status.\n            <\/div>\n        <\/div>\n\n        <div class=\"vftc-faq-item\">\n            <div class=\"vftc-faq-question\">\n                Should I set up a corporation to claim my lottery prize?\n                <div class=\"vftc-faq-toggle\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                    <\/svg>\n                <\/div>\n            <\/div>\n            <div class=\"vftc-faq-answer\">\n                Generally unnecessary and potentially problematic. Since lottery prizes are already tax-free for individuals, there&#8217;s no tax advantage to claiming through a corporation. In fact, it could complicate estate planning, gift-giving, and create administrative hassles. Consult a tax lawyer before attempting this.\n            <\/div>\n        <\/div>\n\n        <div class=\"vftc-faq-item\">\n            <div class=\"vftc-faq-question\">\n                Will the CRA audit me if I win a large lottery prize?\n                <div class=\"vftc-faq-toggle\">\n                    <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                        <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                    <\/svg>\n                <\/div>\n            <\/div>\n            <div class=\"vftc-faq-answer\">\n                The lottery win itself won&#8217;t trigger an audit since it&#8217;s not reportable. However, if you suddenly deposit millions and start earning substantial investment income, the CRA might review your returns to ensure you&#8217;re properly reporting that investment income. Keep documentation proving the source was a lottery prize.\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n<script>\ndocument.addEventListener('DOMContentLoaded', function() {\n    const faqItems = document.querySelectorAll('.vftc-faq-item');\n    \n    faqItems.forEach(item => {\n        item.addEventListener('click', function() {\n            const isActive = this.classList.contains('active');\n            \n            \/\/ Close all items\n            faqItems.forEach(i => i.classList.remove('active'));\n            \n            \/\/ Open clicked item if it wasn't active\n            if (!isActive) {\n                this.classList.add('active');\n            }\n        });\n    });\n});\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>Do You Pay Taxes on Lottery Winnings in Canada? The truth about keeping your jackpot \u2014 what the CRA actually takes (spoiler: it&#8217;s better than you think) You just scratched off a winning ticket or checked your Lotto Max numbers and realized you&#8217;re a millionaire. After the screaming and the champagne, reality kicks in: how [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-1208","post","type-post","status-publish","format-standard","hentry","category-special-taxes"],"_links":{"self":[{"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/posts\/1208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/comments?post=1208"}],"version-history":[{"count":0,"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/posts\/1208\/revisions"}],"wp:attachment":[{"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/media?parent=1208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/categories?post=1208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/tags?post=1208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}