What to Do If You Win the Lottery: 18 Smart Moves

Putting a $ billion in Powerball prize in a high-yield savings could how to avoid taxes on lottery winnings So if you choose to deposit anything above that, your winnings will be liable to Capital Gains Tax In this scenario there are only two options how much tax do you pay on lottery winnings Whatever you decide, you still have to pay taxes on your lottery winnings If you choose to receive the lump sum payment, you actually end up

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