You have just won the lottery. Congratulations! Now, what? If you’re like most lottery players, you want to spend your money wisely. Here are some tips to help you maximize your lottery win. After all, if you’ve ever won a lottery, you know how much of a drain it can be on your income. And since the overwhelming majority of lottery players are from the lower economic strata, you can’t afford to waste any more of it.
One of the largest lottery jackpots in history is $1.59 billion. This jackpot was shared among three lucky winners, each of whom received cash values of $327.8 million. Another “Top 10 largest lottery jackpots ever” was claimed in October. The couple from Pa. chose a lump sum of $71.2 million instead of a 20-year annuity of $121.6 million. The couple claimed the prize based on a Powerball Quick Pick ticket, and had been playing the same numbers for years.
The lottery winners who choose to remain anonymous may do so for several reasons. First, they will not be harassed by journalists and other people looking to scam them. Furthermore, they will have a better control over the way their lives change. Unfortunately, anonymity is not possible in all jurisdictions. Most jurisdictions want to publicly announce jackpot winners, so that the public knows that prizes are legitimately awarded. That said, you may still wish to keep your identity private and avoid the media’s attention.