Who can you give your lottery winnings to?

Who can you give your lottery winnings to? do senior citizens have to pay taxes on lottery winnings
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does lottery winnings affect social security Before you submit the paperwork for your lump sum or annuity, you need to consider the tax implications carefully Cash winnings will be taxed

do i have to pay taxes on lottery winnings Income that is not taxable You will not have to pay tax on: lottery winnings and other prizes; some government grants and payments; child support; the tax-free Senior Circuit Breaker Tax Credit If you are age 65 or older, you may be eligible to claim a refundable credit on your personal state income tax return