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lottery winnings

The Super Bowl and the Oscars are just around the corner. Offices and organizations nationwide are going to be putting out the call to have colleagues, friends and family members make their picks. So, if you're curious about how the Canada Revenue Agency views the tax implications of prizes and winnings, here's a quick refresher.
A Canadian could walk away with some $191 million more in the Powerball than an American.
Let’s say you hit the jackpot — we’re talking about the $50-million range here — what do you do next? Your first moves are