Brad Wright CFP® on LinkedIn: If You Win the Lottery, Here's 5 Tips!

Here's a quick video with a few action steps you should take. (Yes, it's a repost, because radio keeps doing this.) I'm happy to answer any questions that come up for you.

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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 · CA Lottery officials presented a CA Lottery's retailer selling bonus check for "One Million US Dollars," for selling the lottery ticket that won a record $2.04 billion Powerball …

cnn.com

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

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Jan 31, 2024 · In that case, you’ll get an immediate payment of about $1.5 million and then $1.58 million in a year (which is 5% higher than 1.5 million), $1.66 million in two years, and so on …

forbes.com

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This Is What Actually Happens When You Win The Lottery

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Jan 11, 2023 · Mega Millions lottery players need to get ready because the jackpot just rose to $1.35 billion.

thestreet.com

FAQs about Brad Wright CFP® on LinkedIn: If You Win the Lottery, Here's 5 Tips! Coupon?

Is winning the lottery worth it?

Winning the lottery is incredibly rare, but someone has to win. If you’re one of the lucky ones, the financial windfall can be life-changing. But winning the lottery isn’t an instant ticket to lifelong financial freedom. ...

What should I do if I win a lottery?

And while this might seem obvious, don’t forget to document your win. Make copies of both sides of your lottery ticket, and then lock it up somewhere only you can access it. Then, get to work. And it will be a lot of work. ...

Can you play a lottery if you've won Big?

Many players who have won big were subscribed to multiple lotteries, like theLotter's $1 million Mega Millions winner and $30 million Florida Lotto winner A.D. from Panama. If you want a play option that’s less permanent, you can purchase tickets with a multi-draw package to any lottery and participate for a set amount of consecutive draws. ...

Can you win a lottery if no one wins?

Many lotteries, including big ones like Powerball, have a cumulative jackpot that grows when no one wins. For the best chance of winning money, do this for a smaller game with less participants, like a state pick-3. With bigger games like EuroMillions, your odds will still be very low. ...

Can you win a lottery if you buy one ticket?

If each person bought one ticket, you would expect one person to win and hundreds of millions of people to lose. Put another way, the odds of winning the jackpot are a little worse than flipping a coin and getting heads 28 straight times, according to Andrew Swift, a University of Nebraska-Omaha mathematics professor. ...

Should you tell someone you have won a lottery?

Don't tell anyone you have won until after you actually have the money. However large the sum, your life is going to change pretty drastically, and it takes a while for your newly minted circumstances to sink in. So relax, take a deep breath, and don't blabber. You want to keep your privacy for as long as possible. ...