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June 1, 2019
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Lottery winnings

  • June 1, 2019
  • 1 reply
  • 10 views
can my husband give me the winnings as a gift in the stat of GA the amount is 25,000.00?
Best answer by

Yes, he can give you his lottery winnings.  But even if he does, the lottery prize is taxable income that must be reported on his tax returns.  

1 reply

Answer
June 1, 2019

Yes, he can give you his lottery winnings.  But even if he does, the lottery prize is taxable income that must be reported on his tax returns.