What financial experts say to do if you win the lottery

What financial experts say to do if you win the lottery how to give money to family after winning the lottery Set up a trust Most state lotteries are required to release your name and where you live, but many allow you to maintain some privacy by how are the lottery numbers picked Keep 10% cash on hand in a duffle bag · Give 10% to your lawyers and accountants as a retainer · Give 10% to your Mama

how are the lottery numbers picked Lottery winners may make tax-free gifts to any number of individuals as long as the total amount given to each beneficiary in a year does not

how far in advance can you buy lottery tickets uk A Mega Millions winner who took home $500 million after taxes has family about his intentions to share the money with them, according to Essentially, there's no restriction on the maximum lottery windfall you can give to a family member But any amount of cash over your yearly tax