Gift Tax On Lottery Winnings

how much lottery money can you give to family members
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how much lottery money can you give to family members Essentially, there's no restriction on the maximum lottery windfall you can give to a family member But any amount of cash over your yearly tax  Essentially, there is no limit to how much of your lottery winnings you can gift to a family member or friend tax-free So if you gifted a million pounds to  lottery is not a blessing—it is a curse Why do I say that? Because for most of us, it give 10 percent of the crops they grew and the livestock they

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