Canada's Lotto Max now at $81 million in top prizes

Comment #6

oncap — Tue, 15 Mar 2011 16:58:43 GMT

Lump sum wins are tax free!

We do have some games that pay out as an annuity though such as Cash for Life and Millionaire Life and taxes are payable on annuities.

(Annuities pay a certain amount every year for a certain number of years, you get a lump sum payment all at once)

When I win The Big One I will definitely request the lump sum option

Comment #5

savagegoose — Sat, 12 Mar 2011 11:27:12 GMT

i got a pal to buy me some, pretty pricey, $5 to pick your own line, then you get 2 extra lines drawn random.

but the checking your ticket against 19 winning lines was kind of fun. pulled a free ticket. ill see if they will hold it until theres another mega jackpot.

Comment #4

butterflykt — Wed, 09 Mar 2011 14:02:32 GMT

I don't believe so....I wish I was part of Friday's winners

Comment #3

mightwin — Wed, 09 Mar 2011 00:15:59 GMT

I forget, does Canada take out any taxes on lottery winnings

Comment #2

tungsten chef — Tue, 08 Mar 2011 04:09:47 GMT

it's all a big scam. build the pot..drive everyone into a frenzy. no winner...drive everyone into a frenzy. more tickets. repeat the frenzy part. i know if u don't have a ticket you can't win. but what's with all the carry overs? i'd love to be a fly on the wall in the computer room.

Comment #1

oncap — Mon, 07 Mar 2011 22:21:18 GMT

I won a free play from last Friday's draw... let the countdown begin

Canada's Lotto Max now at $81 million in top prizes

Lottery Post — Mon, 07 Mar 2011 13:37:42 GMT

Estimated 31 MaxMillions $1 million draws coming Friday

By Todd Northrop

For the third straight week, lottery players across Canada will take their chances at a $50 million main jackpot and a rising number of $1 million MaxMillions bonus drawings.

On Friday night, no tickets matched the seven numbers drawn to win the $50 million main jackpot, so the upcoming Lotto Max draw for Friday, March 11 will remain at an estimated $50 million with an additional estimated 31 $1 million MaxMillions... [ More ]