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How to give lottery winnings to the family

How to give lottery winnings to the family

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By patiently waiting for their annual installments, the winner will receive the full advertised winnings By electing a lump sum, on the

By patiently waiting for their annual installments, the winner will receive the full advertised winnings By electing a lump sum, on the Jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump-sum payment All lower-tier prizes are

26_4_24 lottery result The answer is taxes Lotto winners who take the annuity end up paying much more in taxes than those who opt for the lump sum because they have Typically less than the advertised jackpot due to immediate taxes Potentially receive the full advertised jackpot, as payments are spread out and may be taxed

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