Lump Sum or Annuity for Lottery Winners?

how to share lottery winnings with family without paying taxes
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how to share lottery winnings with family without paying taxes family trust that could come into play with the winnings Story lottery winners paying substantial amounts in tax on their winnings   Yep, you can only gift up to £3,000 every tax year without being taxed IHT The good news is, you can carry over one year's allowance to the  How Are Lottery Winnings Taxed? The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket,

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