Lottery Legal Considerations
Lottery Legal Considerations
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how much lottery money can you give to family members Dan how to share lottery winnings with family without paying taxes
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I won! Can I give the ticket to a family member?
Share with immediate family members if you must At some point you will need to draw a line in the sand to keep from giving too much of your money away If the minor's winning lottery ticket is less than $600, the payment can be made to an adult member of the minor's family or the minor's
blk-399 They work for you! • • You will receive many offers to donate, invest or even give away your money If you win the lottery, you can give as much money as you want to your family You can give up to $15,000 per person per year without incurring the gift tax If