Did you know post separation lottery winnings can form part of your property pool, and you may have to share it with your ex?
How the lottery win is treated in a property settlement will depend on the circumstances of the parties relationship when the ticket was purchased.
The Court has held that a winning lottery ticket is seen as a windfall and a contribution by the person who bought the ticket. However, there are contrasting decisions by the Courts dealing with different scenarios, and a post separation lottery win has been included in the division or property between separated parties.
If you are undergoing a relationship breakdown and need compassionate, specialist advice, Smoke Family Law is available to assist you. Call 0499 004 555 for an obligation free 15 minute confidential chat.
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