So you won the Mega Millions lottery jackpot What happens now?

can an llc claim lottery winnings in california
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A winner can file IRS Form 5754 to allocate the proceeds among multiple winners and spread the income tax consequences according to their

If you win the Mega Millions jackpot in California, you'll be happy to know that there are no taxes on lottery winnings in the state That's Can an LLC claim lottery winnings in California? If you win the California lottery, you will need to claim your winnings as an individual Your name

modern lottery 50 In the state of South Carolina, you can stay anonymous if you claim your ticket under something like an LLC Panouses said those who don't Unlike other legal entities such as corporations, LLCs are not prohibited from claiming lottery prizes In fact, individual LLC members can claim their winnings