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What happens if a Canadian wins the PB?

Topic closed. 35 replies. Last post 4 years ago by rdgrnr.

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Coin Toss's avatar - shape barbed.jpg
Zeta Reticuli Star System
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Posted: March 23, 2013, 7:21 pm - IP Logged

Just for curiosity, what happens if a Canadian wins the PB, in regards to taxes and anonynimity?

I know they'd have to pay U.S. federal taxes, but since Canada does not tax gambling wins would they have to pay any Candian nation or provincial taxes?

Just curious, as I'm sure there's people from Canada crossing into the U.S. to play PB with this jackpot.

I'd say coming south but not all Candians live north of some Americans!

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.

    Artist77's avatar - batman14

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    Posted: March 23, 2013, 7:25 pm - IP Logged

    I know that he/she would name the trust the following:

     

    "Eh, you hosers!"

    J'aime La France.

      Coin Toss's avatar - shape barbed.jpg
      Zeta Reticuli Star System
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      Posted: March 23, 2013, 7:32 pm - IP Logged

      I know that he/she would name the trust the following:

       

      "Eh, you hosers!"

      Good one Artist!

      Green laugh

      I know there's been at least one case of an American winning a Canadian lottery and they threatened to stay in Canda to avoid the U.S. taxes but I'm not sure if they got it on or not.

      I remember a news interview where the winner said he'd be OK with listening to O Canada at the start of baseball games.

      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.

        rdgrnr's avatar - walt
        Way back up in them dadgum hills, son!
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        Posted: March 23, 2013, 7:32 pm - IP Logged

        I know that he/she would name the trust the following:

         

        "Eh, you hosers!"

        LOL.

        Take off, hoser!

          HoLeeKau's avatar - YheaShea
          Idaho
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          Posted: March 23, 2013, 7:41 pm - IP Logged

          I doubt if any US state and Canada have reciprocity, tho they might.  I would guess they'd have to pay the state tax in the state they bought the ticket in, unless there is some reciprocity agreement in place.

            dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
            Oklahoma
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            Posted: March 23, 2013, 7:52 pm - IP Logged

            Oh my could you imagine the outrage lol there would be lots of angry people Mad

            I Love Pink & Green 1908

              dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
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              Posted: March 23, 2013, 7:53 pm - IP Logged

              I know that he/she would name the trust the following:

               

              "Eh, you hosers!"

              Lol Green laugh

              I Love Pink & Green 1908

                whiteballz's avatar - Lottery-015.jpg
                Nutley, New Jersey
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                Posted: March 23, 2013, 8:14 pm - IP Logged

                according to the 2013 Winners Handbook, page 5 from the California lottery's website:

                "The Lottery is required to withhold federal taxes of 25% for U.S. citizens and resident aliens providing a social security number, and 28% for U.S. citizens and resident aliens not providing a social security number. Claimants who do not mark the citizenship status on the Lottery Claim Form will have 30% withheld from all prizes."

                http://www.calottery.com/win/winners-handbook

                 

                I doubt a Canadian would go to California to play the lottery but I'm willing to bet most states have a similar policy.

                So, it would seem if a Canadian did win, 30% would be taken even before they got the check. I'm not sure if the IRS would refund them the money or ask for more money on April of the following year. The top marginal tax rate for 2013 is 39.6%.

                 

                .

                  rdgrnr's avatar - walt
                  Way back up in them dadgum hills, son!
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                  Posted: March 23, 2013, 8:26 pm - IP Logged

                  according to the 2013 Winners Handbook, page 5 from the California lottery's website:

                  "The Lottery is required to withhold federal taxes of 25% for U.S. citizens and resident aliens providing a social security number, and 28% for U.S. citizens and resident aliens not providing a social security number. Claimants who do not mark the citizenship status on the Lottery Claim Form will have 30% withheld from all prizes."

                  http://www.calottery.com/win/winners-handbook

                   

                  I doubt a Canadian would go to California to play the lottery but I'm willing to bet most states have a similar policy.

                  So, it would seem if a Canadian did win, 30% would be taken even before they got the check. I'm not sure if the IRS would refund them the money or ask for more money on April of the following year. The top marginal tax rate for 2013 is 39.6%.

                   

                  "The top marginal tax rate for 2013 is 39.6%."

                  Whoa, I'm glad I don't use margarine!

                    sully16's avatar - sharan
                    Ringleader
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                    Posted: March 23, 2013, 8:59 pm - IP Logged

                    I know that he/she would name the trust the following:

                     

                    "Eh, you hosers!"

                    LOL, Live 20 minutes from the bridge to Canada, lots of Plates from Canada today.

                    Did you exchange a walk on part in the war ?

                    For a lead role in a cage?

                     

                                                                From Pink Floyd's " Wish you were here"

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                      LAKE HAVASU AZ
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                      Posted: March 23, 2013, 9:03 pm - IP Logged

                      LOL, Live 20 minutes from the bridge to Canada, lots of Plates from Canada today.

                      <snip> you in the hood or what....lol i'm 40 minutes from the bridge,oh and it would be worth more seeing how the doller is worth more there

                       

                      This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

                      some day....some day

                        sully16's avatar - sharan
                        Ringleader
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                        Posted: March 23, 2013, 9:06 pm - IP Logged

                        <snip> you in the hood or what....lol i'm 40 minutes from the bridge,oh and it would be worth more seeing how the doller is worth more there

                         

                        This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

                        No, I'm in the burbs, but I escaped from the hood many moons ago. Henry Ford, class of "79"

                        Did you exchange a walk on part in the war ?

                        For a lead role in a cage?

                         

                                                                    From Pink Floyd's " Wish you were here"

                          Artist77's avatar - batman14

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                          Posted: March 23, 2013, 9:10 pm - IP Logged

                          LOL, Live 20 minutes from the bridge to Canada, lots of Plates from Canada today.

                          I saw a number of people trying to figure out how to use one of those lottery machines at Giant (supermarket). I never see anyone using it normally.  I bet it was the first time they played. Guess they figure if a ticket from a machine in Richmond, VA can win, why not somewhere else in VA.  PB fever!

                          J'aime La France.

                            grwurston's avatar - Cute animals_Spider.jpg
                            Winning makes me smile.
                            bel air maryland
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                            Posted: March 23, 2013, 9:10 pm - IP Logged

                            What if someone from Mexico crosses the border for a ticket and wins?

                            "You can observe a lot just by watching." Yogi Berra, Hall of Fame baseball player.

                            The numbers will tell you what numbers to play. Pay attention to the numbers.

                            Don't just think outside the box, crush it.

                              Artist77's avatar - batman14

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                              Posted: March 23, 2013, 9:13 pm - IP Logged

                              What if someone from Mexico crosses the border for a ticket and wins?

                              Their trust will be called "The Whole Enchilada."

                              J'aime La France.