Form an LLC for Lottery Winnings?

how to split lottery winnings
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2 As the winner, you'll be liable for taxes on the whole prize even if others come along (though you may be able to defray that cost by getting them to pitch in

lottery, he would split the winnings with his friend This concept can be stretched further to find promises to share lottery winnings unenforceable even

how to win on penny slot machines If you want to share a cash prize with others, you can choose to “split” the prize by having all prize winners complete IRS Tax Form 5754 that will dictate how

how to play lottery in california Only one person may claim a prize, but you may choose to divide the tax liability if you are sharing your prize with another person or a group Click here to