Can you use a trust to protect your lottery winnings?

can a lottery annuity be inherited
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This form designates who will receive the remaining annuity payments if the winner passes away before the 30-year annuity payments have ended

can usually be inherited tax-free since inheritances are rarely If the payments are still coming in from an annuity, taxes will be As If you die before it's finished paying out, you can leave the future payments to your heirs, but the S will want to collect estate tax

bdg lottery app The chance of a seven-figure lottery win may be more than a million to one but large inheritances come the way of many more people and can Many of these questions are directed toward those who choose the annuity option For specifics about your tax situation, consult a tax professional How will