What Should You Do After You've Won Powerball or Mega Millions?

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Whatever you decide, you still have to pay taxes on your lottery winnings If you choose to receive the lump sum payment, you actually end

However, if you choose to receive the installment payments, your information will become public in 30 days after claiming the winnings There are many options Lottery winners can transfer their annuity payments to a trust, which allows them to control how and when the assets are distributed after their

the 100000 pyramid slot The insurance company notes that some winners might be able to form a blind trust through their attorney, so that winnings can be anonymously Lottery winners can claim their winnings in one lump sum payment or annual payments over time Lottery winnings are treated as regular income