how to share lottery winnings with family without paying taxes
Lottery prize money or gambling winnings
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
7 Tax Rules to Know if You Give or Receive Cash how to share lottery winnings with family without paying taxes
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In Dickerson, Tonda Lynn v Comm , the Tax Court held that an individual owed gift tax on the transfer of 51 percent of her lottery winnings
how to play slot game Not only are trusts a great way to secure your winnings over time, but they can also help avoid the cost and time of probate for your family and beneficiaries
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