Taxes on Prizes in Various Countries

If you win money on the lottery then you need to make sure you are aware of the tax implications. In some countries there is no tax to pay. Other territories have very different laws.

Here are countries where you pay no tax:

United Kingdom

Lichenstein

Australia

Finland

Canada

Italy

Ireland

New Zealand

Germany

If you decide to play in other countries then be aware that you may have to pay tax if you win. For example in the United States the bill would be a whopping 39%, and in Denmark it would be up to 17.5%. So always check when you buy your lottery tickets and find out what the rules are.