If you won the lottery I imagine you’d be able to hire a lawyer to sort that out and agree payment terms that say transfer of cash happens after winnings have been collected.
AFAICT you cannot do that. I recall someone trying to do that to give a bunch of money charitably, the lottery refused.
If people could do that it would change taxation and hinder the State/Government’s ability to get those taxes. Or doing things like giving all the money to your brother’s charity or something and avoiding taxes. Obviously they are very much against that.
Create an LLC. Sell the lottery ticket to the LLC for $5. Send a lawyer as a representative of the LLC to claim the winnings.
Who has money for that? Do you think I won the lottery or something?!
If you won the lottery I imagine you’d be able to hire a lawyer to sort that out and agree payment terms that say transfer of cash happens after winnings have been collected.
It was a joke.
Who has the mood for that? You think I am happy or something?
(shakes Klear’s hand): thank you for falling for the set-up.
(shakes username_1’s hand): and thank you for the delivering the punchline.
AFAICT you cannot do that. I recall someone trying to do that to give a bunch of money charitably, the lottery refused.
If people could do that it would change taxation and hinder the State/Government’s ability to get those taxes. Or doing things like giving all the money to your brother’s charity or something and avoiding taxes. Obviously they are very much against that.
Trusts get taxed too