How to give lottery winnings to the family
How to give lottery winnings to the family
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Ohio law requires prizes to be claimed at an Ohio Lottery Regional office If you set up a blind trust, your attorney can assist with that process and your
However, the IRS will scrutinize shared lottery arrangements and assert gift taxes when such arrangements do not pass muster Tonda Lynn and her relatives found What are my options for claiming the money? Kentuckians who win big have two options for claiming their prize: take a lump sum or receive
worst possible poker hand So what will you do with the cash? Do you take the lump sum or How much will you give to charity, friends and family? First things You only need to tell us about any money you win if you: If you give some of the money away to family as a gift, this could affect your benefit Income from
