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  2. Jul 19, 2023 · Do you take the lump sum or the annuity paid out over time? How much will you give to charity, friends and family? First things first, according to experts: Keep your mouth shut.

    • Allison Morrow
    • 1 min
  3. Nov 10, 2022 · Lottery officials put the odds of drawing the winning number at 1 in 292.2 million. To win the jackpot, a player must match all five white balls, in any order, plus the final red Powerball...

  4. Jan 31, 2024 · Practicalities of Claiming the Jackpot. Corner gas stations don’t have millions, or even thousands, of dollars to pay out lottery winners. If you win a jackpot, you will claim it at your state’s...

    • Establish proof that it’s your ticket. While signing the back of the ticket is one step a winner will want to take, Robert Pagliarini of Pacifica Wealth Advisors once told TODAY it would be smart to take another step in case you ever need to prove it’s yours.
    • Keep it on the down low. That selfie or video clip isn’t for bragging on social media. While no one would blame you for wanting to shout from the rooftops that you’re the latest member of the billionaire club, Pagliarini added, “You really want to keep this as private as possible.”
    • Hire a team of professionals to manage your money. In fact, a man who won $20 million from a Quick Pick ticket in 2014 considers getting professional help his own top tip.
    • Don’t accept the prize money right away. No matter how excited you are to deposit that huge check into your bank account, Kathleen Jacob, public affairs specialist at the North Carolina Education Lottery, suggested holding out as long as possible.
  5. Jun 7, 2019 · Here's what five experts, including Kevin O'Leary, Suze Orman and Mark Cuban, say to do if you win. The Mega Millions jackpot is now worth $530 million, making it the seventh-largest in the...

    • 48 sec
  6. 1. Keep it Secret, Keep it Safe: Protect Your Identity. One of the first things you should do after winning the lottery is to protect your identity. While it may be tempting to shout your success from the rooftops, it's crucial to remain anonymous, if possible. Find out the rules in your state regarding winner publicity.

  7. 1 day ago · Advertiser disclosure. How the Lottery Works and How Much You’d Keep If You Won. The winner won't see the full amount — at least not all at once. Here's how to play, and what it means if...

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