LEGAL GUIDE
Written by attorney Howard M Lewis | Nov 12, 2012

Lottery Winnings are marital property

Unfortunately, this is true. Lottery winnings ARE considered to be marital property.Much to the dismay of many an estranged husband or wife who may have imagined that a lottery prize would be a ticket up easy street after a divorce, lottery winnings are considered marital property and subject to division and distribution.

Courts have brushed aside all other arguments. Prizes won by married couples during a marriage are considered marital property, regardless of which spouse purchased the tickets.

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