Four Important Considerations If You Win the Lottery

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Share Your Winnings · Take the Lump Sum Payout · Stack Charitable Contributions in Year You Win · Consider Post-Drawing Gifts · Be Tax-efficient

Some states with income taxes withhold lottery checks and some do not If you're the winner, be sure to budget some extra money for taxes in On the other hand, if you want to avoid a hefty tax bill, consider splitting your winnings into annual payments For example, let's say you decided to take your

slot yang bisa deposit pakai pulsa However, many people avoid owing taxes by filing a Form 709 and subtracting any amount exceeding $17,000 from their lifetime exemption amount ($ You can read more about this here Depending on your winnings and how you plan to invest, we recommend reviewing the tax implications of your