@elmo41683
What if they won the money in a card game? What about then?
Here, if you win money, you don’t pay tax on that, but if you use as a annual wage n saved it, then you’d pay tax on using as an income. lol
1 billion dollar Mega Millions jackpot
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Same here. No tax on lottery winnings, but interest, regardless of the source, is interest and therefore taxable. Also, money gifts are not taxable, regardless of the amount - as in, the person receiving the gift won’t have to declare it as revenue. The contrary is also true, though: any money I give away that is not for registered charity is not tax deductible, I can’t declare it as expenses. And it applies only to money; gifting assets, including investments, must be declared and thus are taxable, even if they come from inheritance - inherited cash doesn’t have to be declared, but assets do.
So, in this scenario, if I gift money to my parents, this money is not taxable, they can do whatever they want with it, including paying their debt. If they invest this gift, any earnings will be taxable. If they buy assets with the gift, including a house, the asset is taxable. In the end, there are always taxes.
I figure my chances of becoming a billionaire about the same whether or not I buy a ticket 
so I only bought one.
I really wish that you weren’t required to publicize your name if you win. You’d probably need to hire someone to fend off requests for money from the entire world.
In the highly unlikely event that I were to win a large prize, I’d not tell a soul, spend a long time finding a good tax attorney and accountant and then wait a long time to claim it. You’d have to set up some sort of trust or something (I’m guessing) for all your first degree relatives just to keep them off your back?
Set up at least 2 trust funds. The first one is the primary firewall.
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Since you have some time to claim the prize, you can technically have a third-party, like a financial adviser, claim it for you - as long as you have an ironclad contract with said person - and have that person be the public face of the new billionaire in town. Since, with such a large sum, it is advised to hire a financial adviser anyway, you can just get a head start before even claiming the prize.
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I can take part! Juhu!
Shall I?
If I win we ALL start an incredible party here in Munich: Hofbräuhaus!!!
This will last for some years!!!
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Don’t sign the ticket right away though! A signed ticket might result in your name being released even if you form a trust or a corporation to claim the jackpot. Open records laws may make it impossible to hide your identity too.
What about moving to another State/Country before claiming the jackpot? 
I will hide the Jackpot here in Munich shhht!
So you all can help me emptying this! 
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Wouldn’t help in terms of disclosing your identity. That’s determined by the state in which you bought the ticket. Might make a difference on taxes down the line though.
So many people are buying Mega Millions tickets that unique number combinations are running out.
Someone in S. Carolina won.
If it was NC, I’d have emailed a friend just to check! lol
i never played, i figured i wouldn’t have had a chance anyway
It’s ok to spend a few bucks on lottery. That’s like a drink or a candy bar 
I know, I just didnt ha e any cash on me to play
Didn’t win anything on my tickets… so back to work today.
Couldn’t help myself from daydreaming how I would spend the money yesterday. 5 people from California won part of the pot alas I was not one of them 
Who really won such an amount of money? Because I think that it’s not easy to find casinos that can give a real offer that won’t cheat you. As for me, it’s important to find a casino that can give a huge boost for my personal life, so when I found a casino that can offer me a quick and secure payment option, ongoing bonuses and exclusive promotions and even reputable standing on the online casino market. I was really shocked and want to try it out. So I want to find more about it, but can someone help me with this?