Can Lottery Winnings Be Inherited?

Estate Planning After Lottery Winning in Michigan where do you put lottery winnings Lottery agencies are generally required to withhold 24% of all winnings over $5,000 — if your winnings put you in a higher tax bracket, you owe the difference where to watch nba draft lottery Winners of amounts less than $600 may redeem at authorized lottery retail locations For prizes from $601 to $100,000, you may use our mail-in prize claim

where to watch poker A few other states permit winners to form a trust for their winnings They can collect their prize through this trust to keep their identity