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What if You Suddenly Won $2 Billion?

What if You Suddenly Won $2 Billion?

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if you win the lottery can you give money to your family
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In 2023, the annual gift tax exemption amount is $17,000 per recipient This means that, with a few exceptions, if you give more than $17,000 to Family and friends can help you reduce how much you'll pay Lottery winners can make a gift of their winnings, up to the annual exclusion limit, without

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