Frequently Asked Questions - Home Lottery Princess Margaret (2023)

HOW OLD DO YOU HAVE TO BE TO ORDER A TICKET?

Participants must be at least 18 years of age. Tickets cannot be ordered in the name of a minor.

HOW CAN I ORDER A TICKET?

There are four easy ways to order:

  • ONLINE: Visit PrincessMargaretLotto.com
  • PHONE: 24 Hours, 7 days a week: 416-650-7888 or 1-866-631-1234
  • MAIL: Tickets can be ordered by mail by completing the order form in the back of the brochure or the printable Official Ticket Request form online (See Ways to Order) and mailing it along with a cheque, money order, or VISA, MasterCard or American Express numberto: Spring 2023 Princess Margaret Home Lottery, Box 4396, Station A, Toronto M5W 3T3.
  • IN PERSON: Tickets can be ordered in person from Tuesday January 17that Princess Margaret Cancer Centre at the LotteryKiosklocated on the main floor at 610 University Ave, Toronto. Hours: Monday to Friday, 8am-4pm.

HOW MANY HOME LOTTERY TICKETS ARE AVAILABLE?

There are only 500,000 Home Lottery Tickets available.

WHAT ARE THE TICKET PRICES FOR THE HOME LOTTERY?

Home Lottery tickets are: 1 for $100, 3-Pack for $250, 5-Pack for $375, 10-Pack for $700, Mega-Pack for $525 and Max-Pack for $875.

WHAT IS A MEGA-PACK?

Mega-Pack includes 5-Home lottery Tickets, 25-50/50 Tickets and 6-Cash Calendar Tickets for $525.

WHAT IS A MAX-PACK?

Max-Pack includes 10-Home lottery Tickets, 50-50/50 Tickets and 6-Cash Calendar Tickets for $875.

WHAT ARE THE GUIDELINES REGARDING NUMBER OF NAMES ON A HOME LOTTERY TICKET AND PAYMENT TERMS?

All tickets in a 3-Pack, 5-Pack, 10-Pack, Mega-Pack or Max-Pack, must contain the same information. Up to three names can appear on a Home Lottery ticket. Only one form of payment may be used per purchase. Ticket numbers will be issued in sequential order.

DO I HAVE TO ORDER A HOME LOTTERY TICKET IN ORDER TO PLAY THE 50/50 ADD-ON?

Yes, per licensing body (AGCO) rules, participation in the 50/50 Add-On is contingent upon a verified purchase of a Home Lottery ticket order. (See separate FAQs for more information about the 50/50 Add-On).

DO I HAVE TO ORDER A HOME LOTTERY TICKET IN ORDER TO PLAY THE CASH CALENDAR?

No, there is no requirement that you order a Home Lottery ticket to play the Cash Calendar.

I DIDN’T ORDER CASH CALENDAR TICKETS WHEN I ORDERED MY HOME LOTTERY TICKETS. CAN I STILL PARTICIPATE IN THE CASH CALENDAR?

Yes, you can place your Cash Calendar ticket order at any time while supplies are available or prior to the ticket deadline of April 28,2023.

(Video) Take a tour of the Princess Margaret Grand Prize Oakville Showhome

CAN SOMEONE WHO LIVES OUTSIDE ONTARIO OR OVERSEAS BUY A TICKET?

The lottery is intended for Ontario residents. Ticket buyers must be in Ontario at the time of order and provide an Ontario mailing address.

WHO IS NOT ELIGIBLE TO ORDER A TICKET?

The following individuals and all of their immediate family members residing in the same household are prohibited from ordering a ticket: Board members and employees of The Princess Margaret Cancer Foundation, members of the UHN Board of Trustees and Executive Team, Princess Margaret Cancer Centre Executive Team; employees of Maple Leaf Sports & Entertainment Ltd., the NHL, NHL Enterprises Canada LP, the NBA, NBA Properties Inc., NBA Media Ventures LLC; partners and employees of MNP LLP and its affiliates and members of licensed gaming suppliers providing services to this program.

WHAT ARE MY CHANCES OF WINNING A PRIZE?

There are 20,010 prizes and only 500,000 tickets available. 1 chance in 500,000 tickets x 20,010 draws equates to approximately 1 chance in 26 to win a prize.

I HAVEN’T RECEIVED MY OFFICIAL TICKET/IT CONTAINS A SPELLING/ADDRESS ERROR

Please allow up to 3-5 business days for your tickets by email or 7-10 business days for tickets by Canada Post. Ticket purchasers who have not received their OFFICIAL TICKET after this time or who wish to report a misspelled name or address on an OFFICIAL TICKET should please check your JUNK/SPAM or contact Customer Service at 1-800-542-8813 or email [emailprotected].

WHAT WOULD HAPPEN IF A “BAD” PAYMENT WAS MADE FOR A TICKET (e.g. CHEQUE NSF)?

One week is allowed between the ticket sales cutoff and the start of the draws. This time period allows for all forms of payment to be verified and processed. Only tickets that have been paid for and/or have been verified as paid for are eligible to be entered for the respective draw(s). If for any reason a payment is returned, the ticket will be deemed invalid if payment cannot be verified prior to the start of the draws.

HOW LONG DOES IT TAKE TO RECEIVE MY TICKETS?

Mailed Tickets: Upon receipt and/or authorization of payment for your ticket order, you should receive your ticket(s) via Canada Post in 7-10 business days.

Emailed Tickets: Upon receipt and/or authorization of payment for your ticket order, you should receive your ticket(s) via email in 3-5 business days.

If you have not received your ticket(s) within these timeframes, please check your JUNK/SPAM or contact Customer Service at 1-800-542-8813 or email [emailprotected].

I HAVE DELETED THE EMAIL WITH MY LOTTERY TICKET, AM I STILL ELIGIBLE FOR THE DRAWS?

Yes. You do not need your ticket in hand to be included in the draws. For ticket-related inquiries please contact Customer Service at 1-800-542-8813 or email [emailprotected].

I DON’T HAVE AN EMAIL ADDRESS; HOW DO I GET A COPY OF MY TICKET?

If you require a paper copy of your official ticket receipt to be mailed to you, please contact Customer Service at 1-800-542-8813.

I’M NOT ABLE TO OPEN MY ELECTRONIC TICKETS. WHAT DO I DO?

If you are not able to open your email to retrieve your ticket, contact Customer Service at 1-800-542-8813 or email [emailprotected].

I PLACED MY ORDER ONLINE YESTERDAY. WHEN DO I RECEIVE MY ELECTRONIC TICKET?

Please allow 3 to 5 business days for receipt of a ticket by email. If you have not received your ticket, please check your JUNK/SPAM or contact Customer Service at 1-800-542-8813 or email [emailprotected].

(Video) Princess Margaret Lottery 2023. 8.2 Million Grand Prize Tour. King City Showhome.

THE PHONES ARE ALWAYS BUSY – WHAT IS GOING ON?

Due to the tremendous response to the program all phone lines are full. Please keep trying or place your ticket order online by visiting our website at PrincessMargaretLotto.com.

WHAT IS THE LOYALTY PRIZE?

The Loyalty Prize comprises: three (3) prizes – Choice of one (1) of five (5) Ultimate Experiences or $50,000 Cash. The choices are as follows: New York Shopping Spree, 7 nights, 2 Adults plus $25,000 Cash (Value: $50,000); 2023 Monaco Grand Prix: Monaco F1 Grand Prix, 7 nights, 2 Adults plus $5,000 Cash (Value: $50,000); The 151st OPEN At Royal Liverpool, 10 nights, 2 Adults plus $10,000 Cash (Value: $50,000); Wimbledon, England: 2023 Ladies & Men’s Tennis Finals, 7 nights, 2 Adults plus $9,000 Cash (Value: $50,000); Luxury Private Island Escape: Bora Bora & Tahiti, 7 nights, 2 Adults (Value: $50,000). OR a Cash alternative of $50,000. Total Loyalty Prize Value: $50,000.

WHAT IS THE VIP PRIZE?

The VIP Prize comprises: five (5) prizes – Cash Prize of $50,000. Total VIP Prize Value: $50,000.

WHAT IS THE BONUS PRIZE?

The Bonus Prize comprises: one (1) prize – Blue Mountain Showhome, fully furnished (Value: $1,575,000), Plus $100,000 Cash. Total Bonus Prize Value: $1,675,000.

WHAT IS THE EARLY BIRD PRIZE?

The Early Bird Prize comprises: one (1) prize – Muskoka Lakefront Cottage, fully furnished (Value: $2,500,000), Plus $100,000 Cash. Total Early Bird Prize Value: $2,600,000.

WHAT IS INCLUDED IN THE $8.2 MILLION GRAND PRIZE?

One (1) prize – King City Showhome, fully furnished (Value: $7,153,400), Tesla Model Y (Value: $95,135), Plus $1 Million Cash. Total Grand Prize Value: $8,284,535.

WHERE ARE THE PRIZE HOMES?

The prize homes are in King City, Toronto, Blue Mountain and Muskoka.

HOW DO I SEE THE PRIZE PROPERTIES?

Please visit PrincessMargaretLotto.com and take a virtual tour, enjoy the photo galleries and videos showcasing these spectacular prizes.

ARE THE PRIZES DONATED?

No. All prizes are purchased by the Foundation using the tender process.

IS MY TICKET PURCHASE TAX DEDUCTIBLE?

(Video) Sobering truth of winning lottery dream homes in Canada

No. Prizes won are not taxable. Therefore, a ticket purchase cannot be used as a tax deduction.

DO I HAVE TO PAY TAX ON ANY WINNINGS?

Lottery winnings are considered a windfall and not taxable in Canada. If a real estate prize winner is not a Canadian citizen, permanent resident, or otherwise exempted from Ontario’s Non-Resident Speculation Tax (NRST), the winner will be responsible for payment of the NRST.

IF I WIN A HOME DO I HAVE TO LIVE IN IT OR CAN I SELL IT?

Once a home is awarded to the winner, they do not have to live in it. Any prize won can be sold if the winner wishes to do so. The title for a home may be registered in anyone’s name.

IS THERE CAPITAL GAINS TAX ON A PROPERTY IF I SELL IT?

Winning real estate is considered a lottery prize, not a capital gain. Lottery winnings are not taxable in Canada. We recommend that you contact a tax or legal professional with specific questions.

DO I HAVE TO TAKE MY PRIZE OR CAN I JUST TAKE THE CASH?

Prizes must be accepted as awarded, except where indicated in the brochure or online that there are cash alternatives. Cash alternatives exist for the following prizes: All vacations and vehicles. Please refer to your lottery brochure or PrincessMargaretLotto.com for details.

IF I WIN BUT I CAN’T TRAVEL, CAN I GET THE CASH?

All vacation prizes will be awarded as cheques and do not have to be used towards travel.

I HAVE MISPLACED MY HOME LOTTERY TICKET. AM I STILL ELIGIBLE FOR THE DRAWS?

Yes. The official Lottery ticket is a Receipt of Purchase, but you do not need it in hand to be entered for the prize draws. To request a reprint of your ticket, please call 1-800-542-8813 or email [emailprotected].

WHEN ARE THE DRAWS MADE?

If all tickets are sold by the Bonus Prize Deadline (Midnight, March 24) then the Bonus Prize and all remaining prize draws will be made on April 4, 2023, at approx. 8:00am at the offices of MNP LLP.

If all tickets are sold by the Early Bird Deadline (Midnight, April 14) then the Early Bird Prize and all remaining prize draws will be made on April 25, 2023, at approx. 8:00am at the offices of MNP LLP.

If all tickets are sold by the Final Deadline (Midnight, April 28) then all the remaining Prize draws will be made on May 9, 2023, at approx. 8:00am at the offices of MNP LLP.

HOW ARE THE DRAWS MADE?

Ticket fulfillment and draw control services are provided by MNP LLP. Draws will take place at the offices of MNP, 1900-1 Adelaide St. E., Toronto, ON M5C 2V9. The records of MNP LLP shall be deemed correct and final. A certified Random Number Generator (RNG) will be used to conduct the draws. For questions about the draw process, please call 1-800-542-8813 or email [emailprotected].

WILL DRAWS BE TELEVISED ON CP24?

No, the Home Lottery Draws will not be televised live on CP24. The top valued prize winners will be announced live on CP24 on the applicable Home Lottery announcement date pending sell out of the lottery (announcement will be on either April 6, April 27, or May 11, 2023).

(Video) 2.6 Million Toronto Grand Prize Showhome. Princess Margaret Home Lottery 2021.

HOW ARE WINNERS NOTIFIED?

All winners will be notified in writing as to what they have won and where to claim their prizes. A searchable list of all prize winners will be posted online at PrincessMargaretLotto.com on April 13, May 4 or May 18, 2023 pending sell out of the lottery. A printed list of winners is available upon request. Call 1-800-542-8813 or email [emailprotected].

HOW LONG DO I HAVE TO CLAIM MY PRIZE?

We ask that all winners claim their prizes within six (6) weeks if possible. Prizes must be claimed within six (6) months of the draw date.

WHAT HAPPENS IF I CANNOT PICK UP MY PRIZE IN PERSON?

Arrangements may be made to have a prize shipped to you “freight collect”, or if someone other than the winner will be claiming the prize on the winner’s behalf, the winner must provide written and signed authorization along with the original prize-winning letter.

IF I WIN, IS MY TICKET STILL IN FOR THE OTHER DRAWS?

Yes, each ticket purchased is entered for each and every draw. Refer to your brochure or the lottery website for more information regarding ticket sales deadline and eligibility for prize draws.

WHO IS MNP LLP?

MNP is a registered gaming supplier with the Alcohol and Gaming Commission of Ontario (AGCO). Ticket fulfillment and draw control are provided by MNP LLP for Princess Margaret Lotteries. MNP is a leading national accounting, tax and business consulting firm in Canada. MNP proudly serve and respond to the needs of their clients in the public, private and not-for-profit sectors. For more information, visit www.mnp.ca.

WHO IS MIRATEL SOLUTIONS INC.?

Miratel Solutions Inc. is a registered contact centre service provider with the Alcohol and Gaming Commission of Ontario (AGCO) who handles calls and telephone orders for the Princess Margaret Lotteries.

WHAT IS YOUR PRIVACY POLICY?

The Princess Margaret Cancer Foundation is committed to protecting your privacy. Personal information collected will be used to fulfill ticket orders, provide information on our future lotteries, contact prize winners, and publicize the names of prize winners. The Foundation does not trade, rent or sell any personal information to third parties. If you wish to be removed from our contact list, please call 1-866-631-1234 or email [emailprotected]. Visit PrincessMargaretLotto.com for our full privacy statement and a complete set of rules. Prize winners’ consent to the use of their name and photograph by the licensee for publicity purposes.

HOW WILL PROCEEDS FROM THE PRINCESS MARGARET HOME LOTTERY BE USED?

Proceeds enable Future Care now for patients at The Princess Margaret, across Canada and around the world. Future Care Now represents our commitment to deliver the very best treatments available today, while accelerating discovery of tomorrow’s breakthroughs through research at The Princess Margaret and across our global network. The Princess Margaret is the largest cancer centre in Canada and one of the top 5 cancer research centres in the world. See your lottery brochure or visit the proceeds page of this website for more information.

DOES THE CANADIAN ANTI-SPAM LEGISLATION AFFECT YOUR LOTTERIES?

Charity lotteries are exempt from this legislation.

WHAT IS THE LICENCE # OF THE PRINCESS MARGARET HOME LOTTERY?

The Lottery Licence # is RAF1277222.

FAQs

How many times a year does Princess Margaret have a lottery? ›

HOW MANY PRINCESS MARGARET LOTTERIES ARE THERE? There are currently three Princess Margaret Lotteries – one in the spring, one in the summer, and one in the fall.

What is the Princess Margaret bonus prize? ›

Choice of Bucket List Experiences or Cash. 5 Winners of $50,000 Cash! Drive It Or Spend It - Your Choice! Adventure Or Cash - Your Choice!

Where do I claim my lottery winnings in Alberta? ›

Albert Prize Payout Office – 780-447-8616. Calgary Prize Payout Office – 403-663-8301. Email: payoutsa@aglc.ca.

How long does it take to receive lottery winnings in Canada? ›

How long does it take to process my Canadian lottery winnings? It depends on the amount you win. Smaller amounts are processed instantly, while it may take up to 14 days for lottery operators to pay out large sums.

Will I be notified if I win Princess Margaret lottery? ›

All prize winners will be notified in writing within two (2) weeks of the day for which their winning ticket was selected. Winning results for the Daily Cash Prizes ($1,000 and $10,000), and Friday Cash Prizes of $50,000 will be posted on the website at PrincessMargaretLotto.com every day from May 11 – August 18, 2023.

Do you pay taxes on Princess Margaret lottery? ›

Prizes won in the lottery are not taxable. Therefore, a ticket purchase cannot be used as a tax deduction and we cannot issue tax receipts for ticket purchases.

What is the 50 50 add on Princess Margaret? ›

The Princess Margaret Home Lottery also includes two exciting add-on games: The World's Biggest 50/50 (the last jackpot exceeded $9.5 Million) and the Cash Calendar with 100 Days of big Cash Prizes. For complete prize information, draw dates and to order tickets visit PrincessMargaretLotto.com or call 1 866 631 1234.

Where does money from Princess Margaret Lottery go? ›

All the money from the Lottery ticket purchases comes to The Princess Margaret Cancer Foundation, which then pays all the expenses associated with running the lotteries.

What are all the prizes in the Princess Margaret Lottery? ›

Winning Big
  • Winning Big. Over 20,000 Prizes Valued at More Than $21 Million. DISCOVER.
  • $8.2 Million. Grand Prize. King City Showhome. 2023 Tesla Model Y. $1 Million Cash.
  • $4.2 Million. Grand Prize. Toronto Showhome. $100,000 Cash.
  • $1.6 Million. Grand Prize. Toronto Condo. $100,000 Cash.

What's the first thing you should do if you win the lottery? ›

But before that happens, you need to make sure you secure your winnings.
  1. Be quiet about winning. ...
  2. Make copies of the ticket, secure it. ...
  3. Try to stay anonymous. ...
  4. Decide if you want to set up a trust. ...
  5. Sign your ticket. ...
  6. Annuity or lump sum. ...
  7. Be prepared for taxes. ...
  8. Plan for the future.
Nov 8, 2022

How do I give money to my family after winning the lottery? ›

You can physically take cash out of the bank to give to your loved ones, or you can transfer funds into their accounts. Just know that these can also be subject to taxation depending on the amount. This allows your family or friends to do what they please with the money to fund personal expenses.

Can you give away lottery winnings? ›

Lottery winnings and Gift Tax

Gifts from winnings are subject to IHT. If you would like to gift some of your winnings to others but don't want to pay Inheritance Tax on it, you'll have to give the gift: More than 7 years before you die.

How much tax do you pay on lottery winnings in USA? ›

If you take the lump sum payout of a sizable lottery jackpot, you will likely be pushed into the top tax bracket of 37%.

How do you stay anonymous after winning the lottery? ›

10 Largest U.S. Jackpots
  1. Buy your ticket in a state that doesn't require you to come forward. ...
  2. Don't tell anyone. ...
  3. Delete social media accounts (and change your phone number and address, too). ...
  4. Wear a disguise. ...
  5. Disconnect all phones. ...
  6. Get out of town. ...
  7. Set up an LLC or trust. ...
  8. Don't make any big purchases for a year.
Jan 14, 2023

Why do lottery winners have to go public? ›

Because lottery prize payments are open records, meaning they can be requested by the public, lottery winners “may NOT be able to remain anonymous” in Louisiana, the state's lottery explains.

Do you tell family if you win the lottery? ›

And six states also allow people to form a trust to claim prize money anonymously. California entirely forbids lottery winners to remain anonymous.

Would you tell your family if you won the lottery? ›

Be quiet about winning

Financial and investment advisors say that if you win, you should not announce your winnings to anyone. First, make a plan before telling friends and family.

How do you know if you won the lottery? ›

For Check-A-Ticket, a pop-up message will tell you if your ticket is a winner or not. If it is a winner, the message will include the amount of your prize. For 2nd Chance scans, you'll get a “success” message. You can also go to “My Submissions” to see a record of your successful 2nd Chance submissions.

Who won the Princess Margaret lottery Cottages? ›

Congratulations, Denzil Faire from Mississauga– you're the lucky winner of the $2.1 Million Muskoka Grand Prize, including the $2 Million Lakefront Cottage PLUS $100,000 CASH!

How does Princess prizes work? ›

Princess Prizes is a promotion on board that allows guests to win great prizes through their stateroom door portal. The prize portal is activated when a guest opens their stateroom door using their Medallion® device.

How do I stop Princess Margaret lottery mail? ›

You may choose to stop receiving such e-mail and text message notifications by checking a box on our ticket order form, calling us at 1-866-631-1234 or by emailing us at pmhlotterycs@mnp.ca.

Did Princess Margaret have a fling? ›

The forbidden romance between Princess Margaret (August 1930–February 2002) and Captain Peter Wooldridge Townsend (November 1914–June 1995) was revisited in its final chapters throughout the fifth season of The Crown—though the pair's love story in real life was sadly more doomed.

Did Princess Margaret ask for more duties? ›

Moments before she was demoted, Margaret had begged the Queen for more responsibility.

What time did Princess Margaret wake up? ›

From dozing in bed until the late morning to sipping on vodka at midday, Princess Marget's leisurely morning rituals were far more opulent than her late sister's daily 7.30am wake-up call. According to the biography, Princess Margaret would wake at a respectable 9am before enjoying breakfast in bed.

How many people stay rich after winning the lottery? ›

Various news outlets report that 70% of people who win a lottery or get a big windfall end up broke in a few years, quoting a study by National Endowment for Financial Education (NEFE).

What is the most money someone won on the lottery? ›

What are the 10 largest US lottery jackpots ever won?
  • $1.586 billion, Powerball, Jan. ...
  • $1.537 billion, Mega Millions, Oct. ...
  • $1.337 billion, Mega Millions, July 29, 2022 (one ticket, from Illinois)
  • $1.05 billion, Mega Millions, Jan. ...
  • $768.4 million, Powerball, March 27, 2019 (one ticket, from Wisconsin)
Oct 26, 2022

What percentage of money goes to charity from the National lottery? ›

Over 80 per cent of its funds go to voluntary and community organisations, it also makes grants to statutory bodies, local authorities and social enterprises.

What are early bird prizes? ›

Early Bird Prize means a prize awarded to a winner which is drawn before the time which the draw ends including all ticket numbers up until that point in time.

Does lottery winnings affect your Social Security? ›

Good news: Lottery winnings aren't subject to the Social Security earnings test, so your jackpot won't reduce your benefits.

What kind of bank do lottery winners use? ›

Private banks are a combination of banking, investments, and other financial services specifically geared for individuals with a high net worth.

Is it better to take lump sum or annuity lottery? ›

Taking your winnings in a lump sum lowers the total amount you receive and can lead to expensive tax consequences. Taking your lottery winnings as an annuity over time will result in total payments closer to the advertised jackpot.

How much goes to taxes if I win $1 million dollars? ›

How much do I pay in taxes if I win 1,000,000? If your gross prize for lump sum payout is $1,000,000, you need to pay $334,072 in total tax ($240,000 federal withholding, plus the remaining $94,072 for single filing status in 2021).

What kind of trust is best for lottery winnings? ›

An irrevocable trust, however, gives you greater asset protection. They protect lottery winnings and investments because the assets legally do not belong to you, and they benefit your family, as they are not subject to estate taxes.

Is it better to take lump sum or payout Powerball? ›

According to lottery officials, most winners opt for the lump sum, or the “cash option.” In the case of the next Powerball jackpot of $747 million, that amount would be $403.1 million. It's a staggering pile of money, to be sure, but, hold on, it's not what you would pocket following your win.

What is the tax on 2 million dollars? ›

Once you make $2 million, average tax rates start to decrease. The average tax rate peaks at 25.1 percent for those making between $1.5 million and $2 million. After that it starts to go down, and falls to 20.7 percent for those making $10 million or more.

How much do you get if you win 100 million? ›

What is the lump sum for Powerball? So, you may ask "How much do I get if I win the Powerball?" It is about 52 percent of the total jackpot amount (before taxes). For example, if the Powerball jackpot is at $100 million, the cash value would be around $52 million.

Which states do not require lottery winners to be identified? ›

Here's where you can remain anonymous:
  • Delaware.
  • Kansas: Winners in Kansas can request to remain anonymous.
  • Maryland: In most cases, winners can remain anonymous.
  • Mississippi: The state lottery won't identify a winner unless they have given written consent.
  • Montana: Your name is not released, but where you live may be.
Jan 7, 2023

Do you get less lottery winnings if you don't go public? ›

Also, there is a common myth or misconception that remaining anonymous affects the amount of money you win. This is absolutely false - your decision about whether or not to go public has no bearing on your jackpot.

How much is taxed if you win $1 million in California? ›

The Lottery is required to withhold federal taxes of 24% for U.S.

Is it better to invest or play the lottery? ›

Playing the lottery is, for most folks, a complete waste of money. If you put all the money you put towards the lottery in a high-yield savings account or invest it, you'll get a much higher return.

What day is the Princess Margaret lottery draw? ›

The draws (5 prize) will take place on March 14, 2023. If all tickets are sold by the Bonus Prize Deadline: *In the event all tickets are sold by the Bonus Prize Deadline of Midnight, March 24, then draws for all remaining prizes, will be made on April 4, 2023, at approx. 8:00am at the offices of MNP LLP.

What lottery wins the most often? ›

Most common Powerball numbers
  • 4: Drawn 36 times.
  • 13: Drawn 34 times.
  • 21: Drawn 34 times.
  • 10: Drawn 33 times.
  • 6: Drawn 33 times.
  • 26: Drawn 33 times.
  • 19: Drawn 32 times.
  • 3: Drawn 32 times.
Nov 5, 2022

What percentage of the Princess Margaret lottery goes to the hospital? ›

Combined administrative and fundraising costs are 25% of revenues (less investment income and net lotteries). For every dollar donated to the charity, 75 cents go to the cause.

How many people win the jackpot a year? ›

The top five states with the most jackpot winners are: New York: 53. California: 46.

Who are the winners of Princess Margaret lottery? ›

Winners list
BECKY CHURLYMIDHURST$10,000.00
MELISSA TORPEYAURORA$1,000.00
JEFF HORDTORONTO$1,000.00
CAROL MARTINOWEN SOUND$1,000.00

Where does money from Princess Margaret lottery go? ›

All the money from the Lottery ticket purchases comes to The Princess Margaret Cancer Foundation, which then pays all the expenses associated with running the lotteries.

What are all the prizes in the Princess Margaret lottery? ›

Winning Big
  • Winning Big. Over 20,000 Prizes Valued at More Than $21 Million. DISCOVER.
  • $8.2 Million. Grand Prize. King City Showhome. 2023 Tesla Model Y. $1 Million Cash.
  • $4.2 Million. Grand Prize. Toronto Showhome. $100,000 Cash.
  • $1.6 Million. Grand Prize. Toronto Condo. $100,000 Cash.

What state has most lottery winners? ›

Here are the states where the most Mega Millions jackpots have been hit: New York: 39. California: 34. New Jersey: 25.
...
Mega Millions: Here's where the most jackpot-winning tickets have been sold.
ColoradoNebraska
IowaOregon
KentuckySouth Dakota
LouisianaU.S. Virgin Islands
6 more rows
Dec 30, 2022

What is the first thing you should do if you win the lottery? ›

But before that happens, you need to make sure you secure your winnings.
  1. Be quiet about winning. ...
  2. Make copies of the ticket, secure it. ...
  3. Try to stay anonymous. ...
  4. Decide if you want to set up a trust. ...
  5. Sign your ticket. ...
  6. Annuity or lump sum. ...
  7. Be prepared for taxes. ...
  8. Plan for the future.
Nov 8, 2022

Is there a trick to win the lottery? ›

Lottery experts agree that the number one way to boost your chance of getting a winning ticket is to just get more tickets. Even though the probability of winning the lottery is low in general, the greater the amount of tickets you have, the more likely it is that one of these tickets will be the winner.

Do you pay capital gains tax on a prize home? ›

If you sell your prize home for more than it's valuation on the date that you won the prize home, you will generally need to pay capital gains tax (CGT) on any increase (that is, the difference between the valuation price on the date that you won your prize home and the sale price of your prize home).

How many people go poor after winning the lottery? ›

According to the National Endowment for Financial Education, 70% of lottery winners go bankrupt within a few years.

Are most jackpot winners quick picks? ›

“With the data available, roughly 80% of Powerball jackpot-winning tickets are quick picks. The reason the percentage is so high is because the majority of purchases are quick picks.

What is the best advice for a lottery winners? ›

11 THE BEST Advice for Lottery Winners
  • Protect your ticket. Sign your winning ticket, make copies of it and stash the original in a safe-deposit box. ...
  • Get help before you claim the prize. You'll have three months (in most states) to come forward with your winning ticket. ...
  • Stay anonymous, if possible.

What is the best number of lottery tickets to buy? ›

Buying five tickets would give you a five in 302 million chance of winning the current $405 million Mega Millions jackpot, which are better odds than just buying one ticket, but you're still far more likely to be struck by lightning.

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(UK Life Prep)
6. Who Is a Caregiver? | Princess Margaret Cancer Centre
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Author: Nicola Considine CPA

Last Updated: 01/20/2023

Views: 5443

Rating: 4.9 / 5 (69 voted)

Reviews: 92% of readers found this page helpful

Author information

Name: Nicola Considine CPA

Birthday: 1993-02-26

Address: 3809 Clinton Inlet, East Aleisha, UT 46318-2392

Phone: +2681424145499

Job: Government Technician

Hobby: Calligraphy, Lego building, Worldbuilding, Shooting, Bird watching, Shopping, Cooking

Introduction: My name is Nicola Considine CPA, I am a determined, witty, powerful, brainy, open, smiling, proud person who loves writing and wants to share my knowledge and understanding with you.