It largely depends on the state the user is in. In some states, it's basically a joke, and in others, you cannot touch the money or even accept interest on the

It largely depends on the state the user is in. In some states, it's basically a joke, and in others, you cannot touch the money or even accept interest on the money. It's a hodgepodge of shit. Basically. Source: I tried to figure out how to get a license in a bunch of states for a side-project and quickly realized I wasn't rich enough to do so.