In a Powerball or Mega Millions Lottery Pool? Protect Your Winnings

how to protect lottery winnings
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This might include asset protection, such as setting up a trust or an LLC to claim the winnings on your behalf, keeping your name out of the

3 Establish a Trust: Setting up a trust can be a smart strategy to protect your lottery winnings from excessive taxation By placing Setup a Trust to put your money in first You can name yourself as Trustee or have the bank set it up for you The problem with winning that

8.00 pm nagaland dear 8pm lottery sambad 7 Set up an LLC or trust While it might be impossible to use an LLC to claim the actual prize, once you move to a new place you can buy your home and all of If your state allows it, claim the winnings anonymously If not, try to set up a trust But keep in mind, a trust is only an extra layer to