Lottery Pitfalls: What Not To Do If You Win - NPR

Jan 8, 2016 · The Powerball jackpot has reached a record $800 million. Jon Ogg of "24/7 Wall Street" tells us what not to do if you're the winner.

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Lottery Pitfalls: What Not To Do If You Win - NPR

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Jan 8, 2016 · The Powerball jackpot has reached a record $800 million. Jon Ogg of "24/7 Wall Street" tells us what not to do if you're the winner.

npr.org

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Here’s What To Do If You Win The Mega Millions Jackpot

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Dec 28, 2024 · Looks like someone will be starting the new year an estimated $1.22 billion richer. A winning ticket for the Mega Millions lottery was recently sold in Cottonwood, California, for …

today.com

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Money Blog: Inflation Drops To 2.5% - And It Impacts Mortgages ...

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13 hours ago · Inflation has come in at 2.5% for December, slightly lower than forecasts - we'll be posting about what it means for you, mortgages and the economy here in the Money blog …

sky.com

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If You Win The Lottery, Here's What You Should (and Shouldn't) Do

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Jul 19, 2023 · If you win the lottery, here's what you should (and shouldn't) do Posted 2023-07-19T15:47:12+00:00 - Updated 2023-10-02T16:06:11+00:00 Powerball ticket worth $2 million …

wral.com

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Powerball Winners Can Remain Anonymous In These 18 States - USA …

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Sep 22, 2023 · Here are the places where winners can anonymously claim lottery prizes, and the requirements for them. More: $70M Powerball winner, who was forced to reveal her identity, is …

usatoday.com

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What Should You Do After You've Won Powerball Or Mega …

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Jan 31, 2024 · Note that for a jackpot winner who chooses the discounted lump-sum option, the after-tax winnings will be about 30% of the headline jackpot (e.g., a $100 million win will result …

forbes.com

FAQs about Lottery Pitfalls: What Not To Do If You Win - NPR Coupon?

What should I do if I win the lottery?

Review your estate plan. Speak with an attorney who will draft trusts, a will and other documents to help direct your care and your assets when the time comes. I don’t suggest “winning the lottery” as the primary component of your financial plan, but, if you do win, you’ll definitely need to update your plan. ...

What happens if you win a lottery?

Past winners weigh in on losing friends, becoming spectacles, and increasing the odds of striking it rich. What’s life after lotto like? Winning the lottery sounds like a dream come true. Money woes are obliterated in an instant, and the future looks bright thanks to newfound financial freedom. ...

Should you be suspicious if you win a lottery?

The lottery board also warns people should be suspicious if a contact asks to keep correspondence confidential or asks for banking information. “No real lottery tells winners to put up their own money in order to collect a prize they have already won,” Mega Millions notes. 2. Get professional advice ...

Should lottery winners have a team of financial experts?

Lottery winners should put together a team of financial experts if they’ve won a large prize, Mega Millions advises. ...

How do you win a lottery if you lose a ticket?

Always play the second-chance drawings. Some games require you to mail in your losing ticket. Others tell you to go online and register the ticket’s serial number. People either don’t know about the drawings or don’t take the time to enter, so your odds of winning the lottery are always better. ...

What should I do if I get a lottery ticket?

Here are five things you should do to protect yourself and your ticket: Sign it and place it in a safe place. A lottery ticket is a bearer instrument, meaning that whoever signs it and presents a photo ID can claim the prize. Don’t tell anyone! Remain anonymous, if possible. States differ in their rules. ...