If a Lottery Prize Winner Transfers the Prize to a Qualified

question 43

True/False

If a lottery prize winner transfers the prize to a qualified government unit or nonprofit organization, then the prize is excluded from the winner's gross income if the amount of the prize does not exceed 30% of the winner's AGI.

---

Definitions:

Extra Question

An additional query or inquiry posed beyond the original set of questions, often aimed at further clarifying or expanding upon gathered information.

Throwaway Question

A question asked by researchers during an interview that is intended to be easy for participants to answer, often used to warm up the respondent or to discard.

Essential Question

A broad, fundamental question that guides the research and focuses on the core issues being examined.

Semistandardized Interview

A type of interview that allows for a mix of predetermined questions and the freedom for interviewers to explore topics in more depth as needed.