If you are the owner of the winning Mega Millions ticket, you must protect it first and foremost and put it in a safe place before you decide what make with your earnings
Photo: Scott Olson / Getty Images
Friday, November 15
The Mega Millions prize goes up to $ 468 million, avoid these mistakes to claim your money without mishap
As nobody has won the prize of Mega Millions the amount has risen to $ 468 million dollars for next Tuesday night’s draw after none of the tickets sold matched all six numbers in the drawing held on Friday night.
This is the ninth largest prize in the history of the Lottery . Two Mega Millions prizes have already been awarded in the year , the first on 22 January $ 1, 050 Millions of dollars was claimed in Michigan and a prize of $ 96 million dollars earned by a couple in New York on 16 February.
In case you are the winner of the jackpot, these are some tips you should follow to enjoy your prize to the fullest, and of course, remember to keep the ticket in a safe place and avoid putting it on clothes as it could end up in the laundry .
Tell only your closest relatives
In case of being a winner, you must protect your identity as best as possible. In some states they will allow you to claim your prize anonymously but in others they may allow you to establish a trust to be able to claim the money that will allow you to keep your name out of the public sphere.
Florida Lottery winners cannot remain anonymous.
If you win the lottery prize you will have an average of between three months and one year to claim your prize but everything will depend on the state where you bought the winning ticket.
You do not need to run immediately as claiming the prize will require financial planning so you should surround yourself with professionals like a fine advisor nciero, a lawyer and a public accountant.
The prize will be less than you thought
When you win the prize you must decide between taking all the money or spreading the profits over 30 years so the Internal Revenue Service (IRS) will take the 24% of federal taxes before money reaches your account . You will also have to pay state taxes that may be withheld at the time of delivery or paid during your tax return .
In most cases the taxes are equal to half of the jackpot.
Related: What to do if you win the lottery
Protects the ticket
Remember to protect the winning ticket, you can save a copy in digital format or take the ticket to a bank safe. When you buy a lottery ticket, remember to sign it and take a picture on both sides in case it gets lost.
The probability that a ticket matches six Mega Millions numbers is 1 between 302 millions. In the case of Powerball, the probability of winning the jackpot is slightly higher, 1 between 292 millions.
You may be interested in:
- Colonial Pipeline resumes all operations eight days after the cyberattack that caused gasoline shortages and panic purchases
- Coca-Cola will stop selling the version of its energy drink, the company will focus only on brands that work
A new batch of $ 1 stimulus checks is arriving, 400 dollars that in Includes ‘plus-up’ payments to those who did not receive the first
We recommend you
