Can Lottery Winnings Be Inherited?

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You must present the ticket at the time of claim Will I have to pay taxes on my prize? The Hoosier Lottery withholds 24 percent in federal tax if the winnings

Where Do You Put Your Money When You Win the Lottery? · Open a Private Bank Account · Deposit Winnings Into Your Bank Account · Open a Credit Union The Florida Lottery will NEVER ask you for money to process your winning ticket Never deposit any check sent to you that is accompanied by a request

poker percentage chart Winners will receive a W2-G the next year to file with their taxes For electronic deposit please contact the Finance Department at 785-296-5734 to obtain a Winnings from Lottery 37,500 11,250 Long-term Capital Loss 10,000 Deposit in PPF 25,000 Us 80G : 50% of ` 7,500 Donated to