Do you need to pay tax on lottery winnings?

Do you need to pay tax on lottery winnings? can you pass lottery winnings to family if you die
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cancel people''s postcode lottery 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

can casinos change the odds on slot machines If you pass away before all installments are paid, your estate with undistributed installments would be taxed at 40% of anything above That depends on complex state laws and how you decide to take your money If you win the lottery, you'll likely be propelled into the highest