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An American Playing Various Canadian Lottery Games

Topic closed. 8 replies. Last post 3 years ago by GASMETERGUY.

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New Member
Charlotte, NC
United States
Member #127028
April 21, 2012
5 Posts
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Posted: April 21, 2012, 8:03 pm - IP Logged

Hello to all!  Just registered and tendered my first posting.  Been reading the board for about 5+ years.

I travel the 48 states and most Canadian provinces on business.  As an avid lottery player, I also purchase Canadian lottery tickets on a regular basis whenever I'm north of the border.  I'm always winning small stuff, just like in the states.  If I know I won't travel to Canada for an extended period and possess winning tickets I will mail them in (with the exception of Ontario) and the various provincial games will mail a check back to me.  Ontario states the return mail address must be in Canada so I must present these in person.

My question:

If I were to win a large Canadian jackpot prize what is the best way to collect it?

Some have told me I must be a Canadian citizen while most just plain don't know.  Playing LottoMax, BC649 and BC49 this week.

Best Regards to everyone!

    LottoGuyBC's avatar - Lottery-050.jpg
    British Columbia
    Canada
    Member #116105
    September 4, 2011
    3601 Posts
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    Posted: April 21, 2012, 10:21 pm - IP Logged

    you don't have to be a Canadian citizen to claim a Canadian jackpot Cheers 

    in person is prolly the best way to claim a Canadian jackpot

    "You have to be in it to win it!"

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      Minnesnowta
      United States
      Member #125224
      March 27, 2012
      79 Posts
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      Posted: April 21, 2012, 10:25 pm - IP Logged

      Isn't it all tax free there too?

        LottoGuyBC's avatar - Lottery-050.jpg
        British Columbia
        Canada
        Member #116105
        September 4, 2011
        3601 Posts
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        Posted: April 21, 2012, 10:28 pm - IP Logged

        Isn't it all tax free there too?

        yeppers  Cheers

        "You have to be in it to win it!"

          Coin Toss's avatar - shape barbed.jpg
          Zeta Reticuli Star System
          United States
          Member #30470
          January 17, 2006
          9112 Posts
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          Posted: April 22, 2012, 12:14 am - IP Logged

          yeppers  Cheers

          Don't think it is for Americans, LottoGuyBC, from homepokergames.com:

           

          Do I have to pay taxes on a lottery prize from another country?

          Yes, US citizens are subject to taxation on income they make which comes from anywhere in the world, including gambling wins.

          Is it true that Canadian citizens don't pay taxes on lottery wins?

          If a Canadian wins the Canadian lottery, the funds are given to the winner in cash, with no tax liabilities ever.All lottery payments are in cash, with no deductions. These winnings are not taxable in Canada if you win on this lottery. There is no further liability for any amount, and you actually get 100% of the prize amount that is forecast.

          So if I won the Canadian lottery would I have to pay taxes to the US government?

          Yes, as the above rule states. If a US citizen wins the Canadian lottery, they would also be given the winning amount all at once, without any tax liability in Canada. But the US tax code requires you to list this win on your US income tax form, and to pay taxes on it.

          And this (found on yahoo answers):

          From the OLG site:

          18. How do I claim winnings if I am a resident of the United States?
          OLG 's lottery games are designed to be enjoyed by adult residents of Ontario. Occasionally, residents from other jurisdictions play and win OLG's lottery games, and OLG treats everyone fairly. The same claiming procedures described in the "How do I claim a prize?" answer above apply, subject to any U.S. postal regulations. OLG cannot mail cheques into the U.S. In cases where U.S. winners are required to receive a cheque for their winnings, they must pick up their cheque in person at the OLG Prize Centre in Toronto. More information about claiming prizes is available by calling the OLG Customer Excellence Centre at 1-800-387-0098.

          19. What tax implications are there for lottery winners?
          Generally, Canadian tax authorities do not consider lottery winnings to be taxable for Canadian tax purposes. However, U.S. residents playing OLG lotteries should note that the Internal Revenue Service (IRS) does consider such winnings to be subject to U.S. tax. While OLG will not withhold the U.S. tax against Canadian winnings, U.S. residents must report such profits on their individual tax returns. For more information, U.S. residents should contact their local IRS office.

          http://www.olg.ca/lotteries/faq.jsp#18

          Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

          Lep

          There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

            dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
            Oklahoma
            United States
            Member #82391
            November 12, 2009
            5409 Posts
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            Posted: April 22, 2012, 4:05 am - IP Logged

            Welccome to the LP Garfield.......Thumbs Up

            I Love Pink & Green 1908

              LottoGuyBC's avatar - Lottery-050.jpg
              British Columbia
              Canada
              Member #116105
              September 4, 2011
              3601 Posts
              Offline
              Posted: April 22, 2012, 4:55 am - IP Logged

              Don't think it is for Americans, LottoGuyBC, from homepokergames.com:

               

              Do I have to pay taxes on a lottery prize from another country?

              Yes, US citizens are subject to taxation on income they make which comes from anywhere in the world, including gambling wins.

              Is it true that Canadian citizens don't pay taxes on lottery wins?

              If a Canadian wins the Canadian lottery, the funds are given to the winner in cash, with no tax liabilities ever.All lottery payments are in cash, with no deductions. These winnings are not taxable in Canada if you win on this lottery. There is no further liability for any amount, and you actually get 100% of the prize amount that is forecast.

              So if I won the Canadian lottery would I have to pay taxes to the US government?

              Yes, as the above rule states. If a US citizen wins the Canadian lottery, they would also be given the winning amount all at once, without any tax liability in Canada. But the US tax code requires you to list this win on your US income tax form, and to pay taxes on it.

              And this (found on yahoo answers):

              From the OLG site:

              18. How do I claim winnings if I am a resident of the United States?
              OLG 's lottery games are designed to be enjoyed by adult residents of Ontario. Occasionally, residents from other jurisdictions play and win OLG's lottery games, and OLG treats everyone fairly. The same claiming procedures described in the "How do I claim a prize?" answer above apply, subject to any U.S. postal regulations. OLG cannot mail cheques into the U.S. In cases where U.S. winners are required to receive a cheque for their winnings, they must pick up their cheque in person at the OLG Prize Centre in Toronto. More information about claiming prizes is available by calling the OLG Customer Excellence Centre at 1-800-387-0098.

              19. What tax implications are there for lottery winners?
              Generally, Canadian tax authorities do not consider lottery winnings to be taxable for Canadian tax purposes. However, U.S. residents playing OLG lotteries should note that the Internal Revenue Service (IRS) does consider such winnings to be subject to U.S. tax. While OLG will not withhold the U.S. tax against Canadian winnings, U.S. residents must report such profits on their individual tax returns. For more information, U.S. residents should contact their local IRS office.

              http://www.olg.ca/lotteries/faq.jsp#18

              If a US citizen wins the Canadian lottery, they would also be given the winning amount all at once, without any tax liability in Canada.

              But the US tax code requires you to list this win on your US income tax form, and to pay taxes on it.

               

              well that sucks Thud

              "You have to be in it to win it!"

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                New Member
                Charlotte, NC
                United States
                Member #127028
                April 21, 2012
                5 Posts
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                Posted: April 22, 2012, 7:01 am - IP Logged

                Thanks for the welcome and the many responses - all good to know!

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                  NASHVILLE, TENN
                  United States
                  Member #33372
                  February 20, 2006
                  1012 Posts
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                  Posted: April 23, 2012, 8:24 pm - IP Logged

                  If a US citizen wins the Canadian lottery, they would also be given the winning amount all at once, without any tax liability in Canada.

                  But the US tax code requires you to list this win on your US income tax form, and to pay taxes on it.

                   

                  well that sucks Thud

                  Corporations do not pay U.S. taxes on money they keep overseas.  When a company brings that profit into this country, they are required to pay taxes. 

                   I wonder if the same rules apply to an American winning the Canadian lotto and keeping the money deposited in Canada?  I would think so. 

                   But I could be wrong.  According to my wife I am always wrong.  In fact, if a tree falls in the forest and no man is around to hear the tree fall, is he still wrong?  Yep!