Lottery Annuity After Death

trust for lottery winnings
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If your state allows it, claim the winnings anonymously If not, try to set up a trust But keep in mind, a trust is only an extra layer to

All winnings over $5,000 are subject to tax withholding by lottery agencies at the rate of 24% This potentially leaves a gap between the The winners of the biggest lottery jackpot won in Pennsylvania claimed their millions Friday and stayed anonymous in the process

roulette slot Irrevocable trusts protect lottery winnings because the assets legally do not belong to you They also benefit your survivors as they are not According to a winner's handbook from the California lottery, regulations do not allow a trust to claim a prize Understand that your name is