What happens when you win big on the lottery?

The claiming period for lottery wins varies depending on the country in which the lottery is, the lottery you played but also the prize category you scooped

What happens when you win big on the lottery? This is exactly why all assets must be disclosed, especially something like winning the lottery If that happens while you are married, you both

The claiming period for lottery wins varies depending on the country in which the lottery is, the lottery you played but also the prize category you scooped

if i won the lottery the first thing i''d buy would be Before officially claiming your prize, you must decide how you want to receive it You have two choices: a single lump sum payable all at once or an annual

Upon winning the lottery, you have the option to choose how you collect the winnings by either receiving the total amount at once or getting a series of

if you win the lottery is it tax free Hire a tax accountant This professional will help you decide whether to take your lottery winnings as a lump sum or in annuity payments There

If you opt for yearly payouts, the lottery will take the bulk of the money you just won and invest it in a very conservative annuity, which will earn about %