Can you use a trust to protect your lottery winnings?

what is a blind trust lottery
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A trust cannot claim lottery winnings, only natural persons can Trusts pay higher taxes anyway State law determines if winners can remain

A corporation, trust, non-profit, partnership, or estate can claim lottery winnings The 90-day exemption allows lottery winners time to set up Recently, the term blind trust has grown to include a trust or entity that attempts to hide the true ownership from the public and asset

free zynga poker chips 2023 Actually, there is! State Farm, in their FAQ on what to do if you win the lottery, suggests forming a blind trust through your attorney to More recently, blind trusts have been used to hide people's identity when they have come into serious wealth by winning the lottery or inheritance Sometimes