Lottery Strategy and Information

So you’ve bought a Lotto ticket along with your gasoline and chili dog at the Gulp-n-Blow. Now what? Experts say your work isn’t done:
•  Photocopy your ticket:
Keep the original in a safe place, apart from the copy. Write your name on the [...]

From tax standpoint, you are actually lowering your tax burden says Rick Bloom, an attorney and certified public accountant.
While discussing the fact that a lottery winner’s take of a $180 million jackpot was reduced to $60 million by taxes, Rick [...]