But the lottery (per the California winners' handbook) won't do anything more than hand you a paper check. How do you get your check into the Treasury without exposing it to some intermediate bank, …

Mar 29, 2019 · 55 All of the above can happen. Lottery winners are invariably people with little experience in handling extremely large amounts of money. For most lottery winners, everything …

Jul 27, 2016 · The tax on lottery winnings is based on the state where the lottery was held, because for legal purposes that's where the winnings are considered to have been earned for taxation purposes.

Oct 22, 2018 · Suppose a hypothetical somebody won the lottery, but being such a magnanimous fellow, they decided to give away every penny. Would my hypothetical do-gooder still have to …

Jun 21, 2017 · If you win Mega Millions in a taxing state and choose the annuity option and later move to a non-tax state, will you still have to pay taxes to the state you won in?

Dec 15, 2015 · Suppose I purchase a lottery ticket today (Dec 14, 2015) and win $25K. If I wait a few weeks and redeem the ticket after Jan 1, are the taxes due based on income in this year (2015) or …

Mar 31, 2012 · Lottery winnings are payed by States/State-run corporations and as such sourced to the State that pays it. Buying a ticket in SC links you to the lottery run in that State, even if you live in …

Dec 9, 2015 · The names of lottery winners are public, so this advantage would not mean much to you. Swiss banks are generally very large, secure, and capable of handling large amounts of money, …

Sep 20, 2024 · This is probably it, especially considering this language is not typical for Lotto Max. Here is another story about winners with "In Trust" on the cheque, and it explicitly says in the story that …

May 22, 2019 · Donating winning lottery ticket to 501 (c)3 Private Foundation: cost-basis deduction + full tax free redemption for foundation? Ask Question Asked 6 years, 6 months ago Modified 6 years, 4 …