What are the tax implications of giving gifts arising from a lottery win?
Generally, inherited lottery winnings are not taxable in California since there is no federal or state inheritance tax in California
Tallying Up the Taxes on Lottery Winnings - TurboTax how to share lottery winnings with family without paying taxes
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Talk to your team about gifting taxation structures and how much you can give each year while still maintaining the lifestyle you desire You may also consider
how does a poker face look like You can gift any amount of winnings to other people free of tax without them facing tax implications Typically, individuals share their winnings with their