There actually tend to be more unclaimed prizes associated with a massive drawing like the current estimated $1.4 billion prize, he says.
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“I think the big mistake lottery winners make is they rush”, he said. The player hit every number except the final Powerball number, winning a million dollar prize.
“They’re not stupid”, Scott Norris – a professor of applied mathematics at Southern Methodist University in Texas – said of lottery organizers.
A ticket was sold at a Winn Dixie in Tampa that matched five numbers, but not the Powerball which is worth a million dollars.
A $1 million Powerball ticket sold last week at an Express Mart in Plymouth. Two tickets sold in CT and NY won $2 million. There are online operators who claim to buy tickets on your behalf, but Powerball warns against these unregulated services. But I do know I’m going to buy another Powerball ticket and when I win, my subdivision is going to have the nicest roads in town and I’ll buy a sturdier vehicle to stand up to the potholes elsewhere.
But if hope is all some people have to cling to, more power to them.
“Sometimes it’s a curse to win the lottery”, said the NY based lawyer who specializes in advising clients with large amounts of assets on how to remain out of debt.
And Lottery ticket buyers don’t have to win the grand prize to walk away with a nice payday.
Kosnitzky recommends taking the projected lump payment of more than $860 million, hire an accountant, tax attorney, and financial advisor.
I never once thought that either of those people should gift me or my family some of that money.
No one picked all six numbers for Saturday’s Powerball draw, making this Wednesday’s game the biggest in both U.S. and world history, according to officials.
“$1.3 billion on the line, you don’t want aunts and uncles coming out of the woodwork”. NY sent about 14% of its lottery revenue to retailers in its fiscal 2015 year. We’d take a nice vacation, but with that much money, you could do so many great things.
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Some lottery winners received their lottery winnings and met disastrous ends.
