Reply To: Couple Gives $11.2M lottery

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#707304
minyan gal
Member

Charlie: You could always keep the money in a Canadian bank account. They are easily opened – don’t require residency or social security number. Just withdraw money when you need it. Of course, I imagine you would have to file a Canadian tax return on the interest earned. Not sure how that would work but I just had a thought – you could spend it in one fell swoop – then no tax problems or…..you could give it to me. In fact, if anyone wants Canadian lottery tickets – just mail me the money!!