can you pass lottery winnings to family if you die
So you won the Mega Millions lottery jackpot What happens now?
can you pass lottery winnings to family if you die
can you pass lottery winnings to family if you die
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can you pass lottery winnings to family if you die When an annuity owner dies, what happens to the annuity depends on the terms of the contract and the designated beneficiary The beneficiary—often a family Holding the lottery winnings in a trust has some tax advantages because it avoids probate of the lottery proceeds upon death of the winner and If you die before you get all the annuities, the rest is paid to your estate so you and your family will still get the full value of the jackpot