can llc claim lottery winnings in california
Anonymous Lottery States 2024
can llc claim lottery winnings in california
can llc claim lottery winnings in california
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can llc claim lottery winnings in california Yes, an LLC can claim lottery winnings in California While individuals are typically the ones who purchase lottery tickets, collect the winnings, Federal taxes are due on the total amount of winnings when claimed Winners may move to a new income tax bracket for the year — and their tax rate can more than A few other states permit winners to form a trust for their winnings They can collect their prize through this trust to keep their identity