Income Tax Folio S3-F9-C1, Lottery Winnings, Miscellaneous

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Good news: Lottery winnings are not taxable! Therefore, no federal or provincial taxes are payable on actual winnings However, revenue generated by this

However, tobacco taxes and LCBO revenues have grown much more robustly Over the period 2000 to 2016, tobacco tax revenue has grown from $481

lottery promotions Is my ticket purchase tax deductible? No, lottery tickets are not tax deductible in accordance with Canada Revenue Agency policies What are the odds of winning

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