Planning on Sharing your Lottery Winnings with your Family: Write it

Planning on Sharing your Lottery Winnings with your Family: Write it if i win the lottery can i give money to my family
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if you win the lottery do you get citizenship However, keep in mind that large gifts may have tax consequences In 2023, the annual gift tax exemption amount is $17,000 per recipient This

if you win the lottery how much is taxed Yes, you can hide or at least stifle your lottery winnings from your family so they don't treat you so differently There is wisdom in your If a winner can split the proceeds among multiple family members or close friends, the savings become even greater Tax planning strategies