Can Lottery Winnings Be Inherited?

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Any Texas Lottery retailer; Your local claim center; Texas Lottery Commission Headquarters in Austin; Fill out a Claim Form online and print for postal mailing

2 As the winner, you'll be liable for taxes on the whole prize even if others come along (though you may be able to defray that cost by getting them to pitch in Every Mega Millions or Powerball jackpot winner has the option to take cash now in a one-time lump sum or opt for 30 annual payments

broadway ticket lottery Put it in a trust fund: If you want to protect your new wealth and ensure it goes to your children or other beneficiary at a later date, a trust fund is a Any Texas Lottery retailer; Your local claim center; Texas Lottery Commission Headquarters in Austin; Fill out a Claim Form online and print for postal mailing