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Lottery in Canada PDF Print E-mail
Written by Administrator   
Thursday, 11 March 2010 08:37

The first lottery in Canada was Quebec's Inter-Loto in 1970. Other provinces and regions introduced their own lotteries through the 1970s, and the federal government ran Loto Canada (originally the Olympic Lottery) for several years starting in the late 1970s to help recoup the expenses of the 1976 Summer Olympics. Lottery wins are generally not subject to Canadian tax, but may be taxable in other jurisdictions, depending on the residency of the winner.[2]

Today, Canada has two nation-wide lotteries: Lotto 6/49 (which started in 1982), and Lotto Super 7 (which started in 1994). These games are administered by the Interprovincial Lottery Corporation, which is a consortium of the five regional lottery commissions, all of which are owned by their respective provincial and territorial governments:

Atlantic Lottery Corporation (New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador)
Loto-Québec (Quebec)
Ontario Lottery and Gaming Corporation (Ontario)
Western Canada Lottery Corporation (Manitoba, Saskatchewan, Alberta, Yukon Territory, Northwest Territories, Nunavut)
British Columbia Lottery Corporation (British Columbia)

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia.

 

Last Updated on Thursday, 11 March 2010 08:40
 

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