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FYI only. Our Premier wants tax levied on lottery winnings. They tried it in Saskatchewan at l5% but when sales of lottery tickets dropped off, they cancelled the tax. It varies province to province....

Thanks for correcting. I assumed wittholding was just that and that the 28% or so taken out would be the actual tax and not have to be reported at income tax time.

What then happens at tax time?...

If a person wins the Florida state lottery, on any winning over 5000 they are instructed to witthold taxes. Means, that if you win, the taxes are already taken out.

So to answer your question, you...