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-   -   What happens if you win the Mega Millions without DACA? (http://dreamact.info/forum/showthread.php?t=85390)

IamAman 07-29-2022 08:02 PM

What happens if you win the Mega Millions without DACA?
 
I guess if you have DACA, you just go pay taxes on it or form a trust and you're done, but I was wasting some brain capacity thinking about this today as I bought my ticket... Seems like it would open up a whole new can of worms for me...IRS is all of a sudden going to realize I exist. I'd probably have to go my lawyer first who's going to roll his eyes at me and say something like "Well, maybe you can finally find a wife now that you have money, you dumb fuck"...All in all it seems like a good problem to have.

vft1008 07-30-2022 12:20 AM

Re: What happens if you win the Mega Millions without DACA?
 
The first thing to do: pay for a decent upgrade to this forum's infrastructure.

bond284 07-30-2022 12:41 PM

Re: What happens if you win the Mega Millions without DACA?
 
You'd probably be fine. IRS only cares about 1 thing; did you pay your taxes? If yes, you're fine. If not, then you'll owe fees and penalties, but then you're rich so again, you're fine.

Nycgal111 07-30-2022 09:19 PM

Re: What happens if you win the Mega Millions without DACA?
 
I think you just pay more taxes on it. Otherwise no problems. I play on a weekly basis not just when the winnings are huge. There have even been tourists from other countries who have won big on scratch offs and drawings and they were able to collect their winnings.

2MoreYears 08-01-2022 07:19 PM

Re: What happens if you win the Mega Millions without DACA?
 
I'd take one lump sum payment, I'd split it in 3 or 4 banks, buy a Green Card, get a financial advisor, create a fund for DACA scholarships, they'll have to write me an essay about their career goals along their grades. And many, many other things.

Outsider626 08-04-2022 06:40 PM

Re: What happens if you win the Mega Millions without DACA?
 
Give ticket to a citizen and let them cash out for you.

trac3rt 08-05-2022 03:43 PM

Re: What happens if you win the Mega Millions without DACA?
 
Quote:

Originally Posted by Outsider626 (Post 767667)
Give ticket to a citizen and let them cash out for you.

Do not do this.

All you need to do is report your earnings to the IRS. If you're on DACA, you have an SSN and you can report them to the IRS without an issue.

If you're undocumented, get an ITIN number and report your earning that way.

All the IRS wants is their money. Nothing to worry about.


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