Lottery Payments: Can Lottery Annuity payments be willed?

Though many believe the government keeps the money, annuity payments are generally passed to a winner's heirs if they die, according to

Lottery Payments: Can Lottery Annuity payments be willed? How long do I have to choose between taking the annuity or the lump sum for the Powerball andor Mega Millions andor Lotto America

Though many believe the government keeps the money, annuity payments are generally passed to a winner's heirs if they die, according to

canterbury races schedule Most lottery rules only cover transfers due to death, allowing a person's heirs to inherit any remaining annuity payments under a lottery prize

Estate taxes worth up to 40% can further reduce winnings in case of death, and a winner's heirs may be charged additional inheritance taxes,

caning define Mega Millions annuity payments are for a fixed 30 years You can name beneficiaries

Lotteries automatically withhold 25 percent of payments for federal taxes but that may not be enough In 2013 the top federal income tax rate is percent