Lottery prize money or gambling winnings

can you put lottery winnings in a bank
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The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes

While winners receive a large novelty cheque upon visiting the Lotto offices, the real money is paid into their bank accounts two weeks after

can you use the same lottery ticket if no one wins What to do right away after winning the lottery · Get your money into your accounts · Compare high interest savings accounts that can help you

candy village slot While you are deciding what to do with your money, consider putting it in a Treasury bill or redeemable guaranteed investment certificate that will