Can Lottery Winnings Be Inherited?

annual payments lottery
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Though many believe the government keeps the money, annuity payments are generally passed to a winner's heirs if they die, according to

pay in taxes on lottery winnings Don On the other hand, if you want to avoid a hefty tax bill, consider splitting your winnings into annual payments  Nebraska Powerball · Annuity or Cash option You can choose how to collect your Powerball jackpot--30 annual payments or one cash payment (

custom slot machine online No matter which payment plan you choose, the Lottery will withhold federal and payments or annually for life  Correct Option: c Compute PV for Annual Pay-out as below: