Structured Settlements: lottery winnings pay out
Structured settlements are a method of compensating injury victims. A
structured settlement is a voluntary agreement reached between two parties,
typically a plaintiff and a defendant, under which the injured person is
compensated for damages in the form of a stream of periodic cash payments
purchased for the plaintiff on behalf of the defendant. Structured Settlements
are a completely voluntary agreement between the injury victim and the
defendant.
AP Wire | 02/15/2003 | Lottery winnings to pay for travel
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Time: Win some, lose some. (California lottery winnings can be confiscated to pay debts)
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lottery: Does a winner have to pay taxes on lottery prizes?
... Does a winner have to pay taxes on lottery prizes? Lottery winnings of $600.01 and over are ... or local tax is charged on Pennsylvania Lottery winnings to Pennsylvania residents ...
QUESTION OF THE DAY: Should lottery winnings be tax free? (3/3/01)
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Lottery Post: Paying taxes on your lottery winnings
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