Won the lottery - how do I keep the money?
Mar 29, 2019 · 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 you would stay …
united states - Donating winning lottery ticket to 501 (c)3 Private ...
May 22, 2019 · Donating winning lottery ticket to 501 (c)3 Private Foundation: cost-basis deduction + full tax free redemption for foundation? Ask Question Asked 6 years, 8 months ago Modified 6 years, 6 …
If I won the lottery but gave it all away, would I still have to pay ...
Oct 22, 2018 · Suppose a hypothetical somebody won the lottery, but being such a magnanimous fellow, they decided to give away every penny. Would my hypothetical do-gooder still have to …
united states - Are lottery winnings taxed based on the ticket date or ...
Dec 15, 2015 · 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 (2015) or …
taxes - If someone lives in one state and purchases a winning lottery ...
Mar 31, 2012 · Lottery winnings are payed by States/State-run corporations and as such sourced to the State that pays it. Buying a ticket in SC links you to the lottery run in that State, even if you live in …
How does a big lottery winner cash his huge check risk-free?
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: US Treasury account (s). But the lottery (per the California …
How does gambling (like buying a lottery ticket) differ from investing?
May 10, 2016 · Lottery tickets have an extremely-high likelihood of paying nothing, but in the cases where they do pay out, the returns are also extremely-high. How does this differ from actual investing?
If I win the lottery, what is the best way to secure this money?
Dec 9, 2015 · The names of lottery winners are public, so this advantage would not mean much to you. Swiss banks are generally very large, secure, and capable of handling large amounts of money, …
put options - Personal Finance & Money Stack Exchange
Sep 5, 2022 · My premise is that buying both an in-money-call and an lower strike price put near an event date, is perhaps, one of the better low-risk high-reward strategy. Why? If the stock moves …
Winning the lottery and moving to save on taxes
Jul 27, 2016 · The tax on lottery winnings is based on the state where the lottery was held, because for legal purposes that's where the winnings are considered to have been earned for taxation purposes.