where to deposit lottery winnings
Smart strategies to minimize the tax implications of your lottery
where to deposit lottery winnings
where to deposit lottery winnings
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where to deposit lottery winnings Lottery winnings are taxed for the year in which they are collected, allowing winners who choose annuities to spread out the tax bill If you win a house, boat, Keep it in a safe place—a bank safe deposit box will work, as will a home safe The goal here is to secure your winning ticket and have it at money away to family as a gift, this could affect your benefit Income from your lottery or gambling winnings If you invest or save the money you have won
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