Who said you shouldn't? You told him add their names. Two different things. By adding individual names, they can sue for a larger share than the 10% he was giving. Hence me saying don't let anyone else sign it. Try keep upWhy you should sign your family's name on the ticket
If you sign your family's name on the back of a ticket that means they will receive their winnings tax-free. However, the National Lottery says it does not provide professional financial advice directly to winners but recommends that they seek appropriate and independent advice.’
Wot, Thready said not to.
I'll ask my current wife if she is open to it - that's the best I can doWell I'll keep referring to my previous post. Fuck the lot of them. Greedy bastards.
Proc if you do happen to win tonight - will you marry me?
Wasting your time.Here is the trick
You win 215 million tonight - you won't cos I'm winning it - but for the purposes of this conversation.
Let's say 5 of you sign it - the max you are entitled to is 43 million. You can't say ah hang on I bought the ticket - if 5 sign it, 5 split it tax free.
If you sign it, you get 215 million tax free. You can gift your other 4 family members as much or as little as you like and they will have to pay gift tax on it. So your options on the ticket you bought are either 215 and do what you want or 43 and everyone gets tax free. And I am not talking about "sure isn't 43 enough for ya" - I am talking about why Thready in this instance in all fairness to him is bang on.
Alexa, what is a 'syndicate' as Minstrel asked....Who said you shouldn't? You told him add their names. Two different things. By adding individual names, they can sue for a larger share than the 10% he was giving. Hence me saying don't let anyone else sign it. Try keep up
@ Matlock, would a blind trust be best for me since I have a lot of childers?
Accepting I'm winning it like..
Keep digging it's fun to watch ignorance. Even proc took the time to explain it and you still can't understand.Alexa, what is a 'syndicate' as Minstrel asked....