7 Ways to Be a Smart Lottery Winner

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2) Protect Your Identity

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Most states require that lottery participants divulge their names and locations. If you don’t want that information to be easily accessible, and there are many reasons you shouldn’t, one of the ways you can create a barrier of protection is by through a trust, LLC, limited partnership, or corporation. This provides anonymity that protects you against those who will try to get at your cash. Hire an estate lawyer to help you sort through your options before you pick up your winnings.

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