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re: Michigan factory supervisor wins $310.5M Powerball jackpot
Posted on 10/6/15 at 2:27 pm to Rouge
Posted on 10/6/15 at 2:27 pm to Rouge
quote:
The Williams Trust took home $16.7 million (before taxes) in 2013.
Last single LA winner was the H&N Family Partnership taking home $85.7 million (before taxes) in 2010.
That's how you do it - set up a partnership after you win but predate the documents before the buying of the ticket, set up ownership in said partnership on how you want to divide the money, and only pay taxes once instead of claiming it and gifting which would require the recipient to pay taxes
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