Camelot reveal the six things that happen when you win the lottery

what happens when you win lottery
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Lottery winnings are taxed for the year in which they are collected, allowing winners who choose annuities to spread out the tax bill If you win a house, boat,

That's what most money experts suggest should be the first thing to do when you win the lottery Why? Well, because winning a large sum of money can really make

what time is lottery on tonight Say you win a $10 million prize If you take the lump sum option, the entire sum is subject to income tax that year However, if you choose the annuity option,

what wins in poker Taking a lump sum means you will receive 40 to 50 percent of the jackpot for immediate use or investment Lottery winners who opt for an annuity receive annual