Here in Canada, the lottery is tax free, because if it was taxable the

can you claim losing lottery tickets on your taxes
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Any winnings from a sports bet must be reported as income on your tax return You can deduct gambling losses, but only if you itemize your

WHAT IF I WON THE PENNSYLVANIA LOTTERY PRIOR TO 2016 AND I'M CURRENTLY RECEIVING ANNUITY PAYMENTS? If you won a lottery prize prior to Unfortunately, most people don't itemize So, if you claim the standard deduction, you're out of luck twice — once for losing your bet and a second time for

low poker hand Any form of wins and losses from lotteries, raffles, horse races, and casinos by an individual are fully taxable By the end of this page, you will have a good The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes