How to Invest Your Money if You Win the Lottery
How to Invest Your Money if You Win the Lottery
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That is unless your regular household income already places you in the top tax bracket prior to winning In that case, all of it is taxed at 37% This can be
Some states also require state tax withholding on lottery winnings But if you win a large jackpot, this won't be all the income taxes you owe Yes, in most instances, you can inherit a lottery annuity Typically, lotteries allow for the inheritance of annuities through the estate administration process
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