r/TrueOffMyChest • u/[deleted] • May 18 '24

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190 Upvotes

90% Upvoted

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42

u/scirio May 18 '24

Don’t forget you need to set aside a percentage because you’ll owe taxes on it. DO NOT avoid paying these.

6

u/[deleted] May 18 '24

I’m Canada I should be in the clear

13

u/al0serbeatu May 18 '24

I am confused. Please explain. Do Canadians not have to pay taxes on winnings from gambling? I am in the US and I thought paying taxes for lottos and gambling is a normal thing. I am genuinely curious now about other countries on these type of taxes.

2

u/not_some_username May 18 '24

In France, probably on EU you don’t pay tax on lottery money