The Mega Millions estimated jackpot has reached $790 million. Here's what financial experts say you should do to protect yourself in case you do win the lottery's top prize.
and personal specialists from the American Institute of Certified Public Accountants, a national professional organization that has more than 428,000 CPAs affiliated with it.Hiring a team of financial experts can ease your planning if you do wind up with a large lottery winning.If a lottery winner or someone close to a lottery winner has a gambling addiction, Mega Millions says getting help from a gambling addiction association might be a key step.
These copies can be shown to lawyers or accountants while the original ticket remains stored in a personal safe or bank deposit box.State Farm also warns that lottery winners should read each game’s rules and contract before signing their winning ticket. Winners should also be prepared to change their contact information. This is because many lotteries share names or require interviews or press conference participation for transparency reasons.
Lottery winners should think about what they want to do with their prize before they even collect it.
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