Won the lottery - how do I keep the money?
Mar 29, 2019 · I seriously doubt that all, or even most lottery winners lose all their money within 1-2 years, but, whatever. You don't need to win the lottery to lose your money on casinos and …
united states - Donating winning lottery ticket to 501(c)3 Private ...
May 22, 2019 · When there is a significant delta of price paid vs current redeemable value, it seems this can still be a perk for the donating taxpayer in some circumstances, such as with …
united states - Are lottery winnings taxed based on the ticket date …
Dec 15, 2015 · There was an extensive discussion of this matter on the Usenet group misc.taxes.moderated (now available on groups.google.com) some years ago. Lots depends …
How are lottery winnings taxed when you move to a new state?
Jun 21, 2017 · Since US lottery winnings greater than $5k (I believe) have taxes automatically withheld from the payment, and the annuity payment always comes from the lottery …
How does gambling (like buying a lottery ticket) differ from …
May 10, 2016 · Okay, so in your opinion buying a lottery ticket is simply throwing money away. (1) Not everyone has the same utility function as you. I'd venture to say many people have a utility …
Why does lottery write "in trust" on winner's cheque?
Aug 21, 2024 · The article states that he's accepting the money on behalf of a group that purchased the tickets together. Using a Trust or LLC can let the members remain anonymous …
Can pretax lottery winnings be donated to charity?
Jun 16, 2015 · The lottery commission will withhold tax, typically, 25% federal. For large sums, the millions people dream of winning, the problem lies in that you can't deduct more than 50% of …
If I win the lottery, what is the best way to secure this money?
Dec 9, 2015 · Winning the lottery seems like a great thing to people who haven't won, but statistically speaking most people end up worse off. Most people, not just lottery winners, but …
investing - Are lottery tickets ever a wise investment provided the ...
Jan 10, 2016 · While buying a lottery ticket is on average a loss, it provides us with a chance to obtain an amount of money we would normally never get. (Eric Lippert made this argument …
Can a non-citizen claim a US lottery prize on a ticket purchased ...
Feb 2, 2015 · I checked California's lottery. Their claim form simply states that you must declare whether you are a citizen, US resident alien, or neither. If you're one of the first two, the …