If you win the lottery, how do you cash in your winnings?

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Speaking of taxes, Canadians may have heard of lottery winners paying substantial amounts in tax on their winnings The good news is that

Playing in a lottery pool? Here's what to do if your group wins · Having a written contract · Sending out a picture of the tickets so everyone How does an office lottery pool work? Here's an example of how an office lottery pool contract defines the limits for classifying a prize as a small winning

slot garansi kekalahan to kecil If you find yourself holding a lottery ticket that doesn't bear the winning numbers of an epic Powerball drawing, take heart  The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes