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Phillips Esq.
Phillips Esq., Attorney-at-Law
Category: Estate Law
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Experience:  B.A.; M.B.A.; J.D.
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If you take lottery winnings in 30 annual payments in Texas

Customer Question

if you take lottery winnings in 30 annual payments in Texas can you will that to your children when you die?
Submitted: 9 months ago.
Category: Estate Law
Expert:  Phillips Esq. replied 9 months ago.

In the event of your death, the remaining annual payments are made to your estate. For more information. click on the PDF below:

http://www.txlottery.org/export/sites/lottery/Documents/001-ProcessingPrizePayments.pdf

You can state in your Will who are supposed to get the rest of the payments so that when your estate receives the final payment from the Lottery Commission, the Executor can distribute the payment to the persons named in your Will to get the payment.

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