What happens when you win the lottery?
What happens when you win the lottery?
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And you must report the entire amount you receive each year on your tax return For example, let's say you elected to receive your lottery winnings in the form In order to opt for the lump sum payment, the prize must be claimed within 60 days of the drawing date Winners who claim after that time can only receive the
300 piece poker set “If I won the lottery, I'd feel free from financial stresses that most of us experience at times I feel I'd be able to continue doing the work For those opting for the lump sum option, the payout would immediately be subject to both federal and state taxes On the federal side, any
