What financial experts say to do if you win the lottery

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2 As the winner, you'll be liable for taxes on the whole prize even if others come along (though you may be able to defray that cost by getting them to pitch in

Minimizing Your Tax Burden · Annuity Payments: Spreading your winnings with an annuity can mean lower annual taxes compared to a lump sum · Charitable Donations: This past August, a Floridian put that question to the test after winning a $ billion Mega Millions jackpot — snagging the third-largest-

rans 303 slot This past August, a Floridian put that question to the test after winning a $ billion Mega Millions jackpot — snagging the third-largest- If your prize is $250,000 or greater, you may request to keep your name and municipality of residence confidential by indicating that choice on the Illinois