Form an LLC for Lottery Winnings?

can an llc claim lottery winnings in california
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California Taxes

Sign the back of your ticket Only one person or entity can claim the prize If there is more than one winner, the Lottery office will assist you with the

can casinos tighten slot machines Yes, an LLC can claim lottery winnings in California While individuals are typically the ones who purchase lottery tickets, collect the winnings,

can you claim lottery anonymously in indiana Some states, such as California, don't tax lottery winnings But for You could claim the standard deduction, which is a set amount based on your