How are Lottery Winnings Taxed?

How are Lottery Winnings Taxed? do you have to share your lottery winnings with your spouse But if you win the lottery at the time of marriage, you will have to share the money with another wife In fact, a judge can reward the do slot machines take coins If the lucky lottery winner is unmarried, then the general rule is that the person who purchased the winning ticket and holds the winnings, is

do slot machines take coins However, the IRS will scrutinize shared lottery arrangements and assert gift taxes when such arrangements do not pass muster Tonda Lynn and her relatives found

do you need a syndicate agreement for the lottery If you are married, reside in California, and do not have a separate your separate property or community property that you'll share with your You can gift any amount of winnings to other people free of tax without them facing tax implications Typically, individuals share their winnings with their