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How to give lottery winnings to the family

How to give lottery winnings to the family

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This means that if you decide to give or loan family members money right after you win, you won't be able to keep up further payments without seriously hurting

You can share your lottery winnings with family and friends, or give to charity, without you or them paying tax on it at the time of giving Any winnings gifted So what will you do with the cash? Do you take the lump sum or the annuity paid out over time? How much will you give to charity, friends and

magic 777 slot Set up a trust Most state lotteries are required to release your name and where you live, but many allow you to maintain some privacy by “If you're lucky enough to win the lottery, keep it quiet, says Rob Burnette, financial and investment adviser at Outlook Financial Center in

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