All Tools/Tax & Windfall Calculator
CRA Section 40(2)(f) Tax-Free Calculator

Canadian Lottery Tax & Windfall Calculator

In Canada, lottery winnings are 100% tax-free windfalls. Calculate your exact take-home payout, compare Canadian tax exemption against US IRS withholdings, and forecast interest earnings on your prize.

Read full CRA Lottery Tax Guide

Canadian Lottery Tax & Windfall Calculator

Calculate your take-home windfall in Canada vs. US lottery tax withholdings.

$
🇨🇦Canada (CRA Rules)
0% Tax
You Take Home
$5,000,000
$0.00 federal or provincial tax deducted
Treated as a 100% tax-free capital windfall under Income Tax Act Section 40(2)(f).
🇺🇸US Equivalent (IRS)
~43% Total Tax
US Net Payout
$2,850,000
-$2,150,000 estimated tax withheld
US lottery prizes are taxed as ordinary income subject to federal (37%) + state rates.

Important Tax Fact: While the initial prize money is 100% tax-free in Canada, any interest, dividends, or capital gains generated by investing the money after receipt is taxable at your standard marginal income tax bracket.

Canadian Healthcare Giving • Hospital Home Lotteries

Hospital Lotteries with Real Healthcare Impact

100% of net proceeds from licensed Canadian hospital lotteries fund pediatric surgeries, cancer research, and critical hospital infrastructure.

Vetted CRA Registered Charities
OntarioAGCO RAF1373587

Princess Margaret Home Lottery

$8.2M Grand Prize Showhome
Featured Grand Prize
$8.2 Million

Oakville Showhome + 2025 Ferrari Roma Spider + $100,000 Cash

The Princess Margaret Cancer Foundation

Directly funds life-saving oncology breakthroughs at Princess Margaret Cancer Centre, ranked among the top 5 cancer research centres globally.

1 in 5 Overall Winning Odds • 100% Tax-Free
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CRA Charitable Registration: 88900 7597 RR0001
OntarioAGCO RAF1373598

SickKids Lottery

Ontario's Biggest 50/50 & Cash Calendar
Featured Grand Prize
Multi-Million 50/50

$1M+ Grand Prize Draws, Million-Dollar 50/50 Jackpot & Daily Cash Calendar

SickKids Foundation

100% of net proceeds support world-renowned pediatric care, genomic medicine, and specialized surgical equipment at The Hospital for Sick Children.

Over 50,000 Cash & Vehicle Prizes Awarded
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CRA Charitable Registration: 10808 4419 RR0001
Eastern OntarioAGCO RAF1373612

CHEO Dream of a Lifetime

Over $3.5M Minto Dream Home Package
Featured Grand Prize
Over $3.5 Million

Fully Furnished Minto Dream Home + $100K Cash + Electric Vehicle + 1 Yr Groceries

CHEO Foundation

Supports pediatric oncology, mental health programs, and urgent medical equipment for over 500,000 children and youth at CHEO in Ottawa.

Ottawa's Premier Charitable Grand Prize Showhome
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CRA Charitable Registration: 11885 2474 RR0001

Charitable Transparency: Licensed charitable lotteries in Canada. 100% of net proceeds support hospital foundations and medical research. Must be of legal age (18+ in Ontario) and physically located within the licensing province to purchase. Lotto Check is an independent utility and is not an operator or reseller of lottery tickets.

Holding a winning ticket?

Scan physical tickets with Lotto Check for iOS to calculate exact prize breakdowns, regional add-on payouts, and store slips in your digital vault.

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Matches Official Canadian Results

Ready to check your tickets in seconds?

Download Lotto Check for iOS. Fast camera scanning, automated prize breakdowns, and 30+ years of official draw history across all 10 provinces.

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Free Weekly Scans
Direct provincial sync
Supports all 10 provinces