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If you suddenly gained a large sum of money (several million $/€/whatever) by winning the lottery, some inheritance or anything else, how could one preserve the money so. But does that apply only to losses in the same year. Suppose i purchase a lottery ticket today (dec 14, 2015) and win $25k
If i wait a few weeks and redeem the ticket after jan 1, are the taxes due based on income in this year. I know i can write off losing lottery tickets (a) up to the amount of any winnings, and (b) provided i itemize my federal taxes Donating winning lottery ticket to 501 (c)3 private foundation
Ask question asked 6 years, 3 months ago.
Can pretax lottery winnings be donated to charity in the us simultaneously creating a deduction of the taxable lottery winnings and putting pretax proceeds to a productive cause? How does this differ from. 8 you've just won $20 million in the lottery Until you figure out what do do with the cash, you want to move it to the safest place you know
But the lottery (per the. Buying a ticket in sc links you to the lottery run in that state, even if. The article states that he's accepting the money on behalf of a group that purchased the tickets together Using a trust or llc can let the members remain anonymous if.
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