What happens if you win the lottery while going through a divorce?
Well, first of all, you've won the lottery! Congratulations to you. A lottery win is an amazing stroke of luck that few people ever get to experience.
The first thing to consider is how the lottery winnings would be classified, and whether they would be considered marital property or separate property. In Utah, if you were married and purchased lottery tickets as a couple, then your winnings would be considered marital property. Marital property could include any assets earned during your marriage, including things like earnings and savings accounts.
So, if you’re in the middle of a divorce, it’s likely still marital property, but you should speak with an attorney because it might not be marital property and it could be separate property. You can call this law firm and get a free consultation:
Ascent Law LLC
8833 S Redwood Rd Ste C
West Jordan UT 84088
(801) 676-5506
https://www.ascentlawfirm.com/divorce/
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