Experts: What To Do With Your Money if You Win the Lottery
Experts: What To Do With Your Money if You Win the Lottery
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In both Powerball and Mega Millions, you can opt for either an annuity option — where you receive an initial payment followed by 29 annual
The IRS taxes lottery prizes differently depending on how the winner chooses to get paid You have two choices: lump sum payout or annual Stoltmann generally recommends that lottery winners accept their cash as installments over the course of a 25-year period The reason for that is because the
slot attendant uniform If the prize is $600 or more, a long claim form will print The retailer must give you back the original ticket and the blank claim form All winning tickets Finally, donations to charities can have certain attractive tax advantages for the lottery winner Getting Professional Protection If You Win
