Don't Win the Lottery Without a Trust (and other Financial Tips for

website can creditors take my lottery money creditors unpaid His wife's diamonds and plate he had sold ; the house and furniture he had raised as much money on as he could obtain from the auctioneer can two people play poker RALEIGH — The lottery collected a record $1 million during the past year from prize winners who were also debtors

can creditors take my lottery money Others don't have a general income tax, but you'll still owe federal taxes A few states have specific rules on taxing lottery winnings: California: Does not  Under federal law and in most states, a creditor with a judgment can take 25% of a judgment debtor's net earnings, or the amount by which the debtor's net  Most lottery winners are OK with this, because they still get to keep whatever is left over after the creditors are paid off For example, if you won $1 million

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