What Happens If You Win?
What Happens If You Win?
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Reminder: All claims for drawing-style tickets must be made or postmarked within 180 days after the official winning draw date for that ticket and
If you win a 1 billion $ jackpot in US you pay around 450 mil -600 mil , and remaining can be transferred to India without any tax , And you must report the entire amount you receive each year on your tax return For example, let's say you elected to receive your lottery winnings in the form
great smoky mountain firefly lottery This means that, with a few exceptions, if you give more than $17,000 to someone other than your spouse or a dependent, you may be subject to gift tax However, How to protect your ticket? If you hold a winning lottery ticket, Irwin suggests taking a picture of yourself with your ticket But do not post
