2008-04-17
Question 1: In our family of five, the agreed rule is if anyone wins the Megabucks or any large lottery, the winner gets 50% and the rest of the family splits 50%. Does that change the taxation structure, i.e. are the taxes reduced?
Question 2: Your 4/13/08 QoD was about the megajackpots. How are the taxes paid if you take the 25 "installments?" I have heard the gov wants theirs right now.