If you put winnings to tzedokah – will they still be taxed?
If I have a non-profit school and collect $1 bln in tuition – do I owe taxes?
So, what if I donate a ticket to the non-profit before the drawing or a non-profit buys a ticket?
Also, if a business buys a ticket, could winnings be used against losses? or taxed as business income?
asking for a friend.