What Not To Do After Winning Powerball

What Not To Do After Winning Powerball

When millions of Dollars are at stake, and they’re yours, you want to make sure you do everything right. Here’s what not to do after winning the Powerball lottery. You won’t get another chance to do it over. As it goes with many important events in your life that happen, there are things you must do, and things you must not do. Let’s go on to discuss them.

Go ahead and start dreaming about what you would do if you won a major Powerball jackpot. Would you buy a private island? Have your own Dairy Queen franchise? You better decide wisely, because squandering your cash is the common plague among the newly rich.

Seeing that you’re going to come into an enormous sum of money after choosing those lucky six Powerball winning numbers, you can afford to hire someone to make smart and experienced decisions for you. Until that time, keep reading these cautionary tales about how some foolish lottery winners wasted their jackpot blessings.

Under no circumstances should you spend MILLIONS bailing your fiancé or boyfriend out of jail! Brace yourself for the love story of Marie Holmes and Lamar “Hot Sauce” McDow. The North Carolina woman won her share of $564 million from the massive Powerball jackpot in February 2015. Her share amounted to $88 million.

Since winning Powerball, she’s spent more than $20 million just on bailing her boyfriend out of jail. The first time round, she spent $3 million. Then less than a year later, he was arrested again for drug trafficking. She donated $6 million to the “Free Hot Sauce” Fund. The third time she paid $10,000, and the fourth time was the big spend. You’d think Lamar would have learned his lesson, but he tried to organize a street race which Marie ended up having to pay a fine of $12 million for. You’d also think she would know better, but who are we to say that? Love is blind.

Do not try and divorce your significant other if you’ve become a millionaire. That’s how your life will fall apart in front of your very own eyes. That’s what happened to Denise Rossi. In 1996, Denise hit it big after winning Powerball at $1.3 million in the California Lottery. A few days later, she divorced her husband. She never mentioned that she had recently won the jackpot. She had the “Take the money and run” philosophy.

The sad thing is, though, that Denise would have gotten away with the whole plan had it not been for asset disclosure laws. During her divorce proceedings, the lawyers discovered her assets. Because of that, the court gave all the winnings to her husband! Can you imagine how foolish she must have felt after that? Now, not only has she been left with nothing, but she also lost the love and trust of her husband!

Don’t allow a distant relative to harass you for cash. Etta May Urquhart was obviously ecstatic to discover she was the winner of a $51 million California jackpot. Things turned ugly when she and her son decided it would be easier if he went with her sign the ticket and claim the winnings. A year later, Etta sued her son, accusing him of stealing her portion of the money. The lawsuit reached an undisclosed settlement fee. But that just goes to show you how crazy people become over money – even family.

Don’t buy your lottery tickets late. We all know the feeling of utter disappointment when you get to the bus stop too late and it’s already left you. This feeling of disappointment is similar to that of Margit Arrobio.

The Pasadena woman bought a few Powerball tickets in 2013 when the jackpot had reached a stunning $360 million. The next morning when she was watching the news, she saw she had the winning Powerball ticket. She dreamed of owning her own Dairy Queen franchise, and that dream was now a reality!

The only problem was, it was a winning ticket technically, but not literally. He had bought the ticket exactly an hour after the cut-off time. Can you imagine the regret she must have felt? Inconsolable!

One of the most important things to remember is to claim your winnings if you do win! So many lottery winners have thrown life-changing opportunities down the toilet because of their foolish mistakes. Second-place prize for big draws also exist. Even if you don’t match all six numbers, if you match five, you are entitled to an instant $1 million.

You have the last say and the power! If you want to be the next big lottery winner, learn from all these stories, and make sure you do the right thing! Good luck, and may the odds be in your favor!

Mae & Marvin Acosta Win $528M On Powerball

Mae & Marvin Acosta Win $528M On Powerball

The mystery behind the $528 million jackpot is no more! The lucky Powerball winners have come forward to claim their winnings. For this lucky couple, winning the sum of $528 million is a lot to process. They didn’t rush into collecting their money right away. They did the right thing that all lottery winners should do, and that was to consult with various people before revealing themselves as winners to the public.

Mae and Marvin bought their winning Powerball ticket at a 7-Eleven store in Chino Hills, San Bernardino County. They matched all six winning numbers in the draw. They were 4-8-19-27-34 and the Powerball number 10.

The lucky store that sold them the winning Powerball lottery ticket received a prize, too. They got a bonus of $1 million. Mae and Marvin chose to accept their winnings as a cash lump sum, which amounted to $327.8 million before taxes.

They aren’t any ordinary winners, however. They are unique because of the process they went about to claim their big win. According to the California Lottery Commission, they read their winner’s handbook and assembled a team of legal and financial advisors to help them put their money to work and prepare them for their new life as millionaires.

The winners’ team exists to “educate and guide them through this process so they can be good stewards of the new resources,” said Huge Lopez, the director. The pair has made the decision to put their money in a Trust so that they can also help charities that mean a lot to them.

They are not the kind of people who want to flash their wealth. They like to keep their lives private, and in order to do that, they have declined interviews and press. “While we are very grateful for the wonderful wishes and encouragement about our win, it’s not our intention to become public figures, and we ask for and appreciate privacy going forward,” they said.

That is very honorable, and we wish them well with their bright futures!

New Jersey Powerball Player Wins $430M

New Jersey Powerball Player Wins $430M

A Powerball player New Jersey is sitting on a lottery ticket worth $430 million! It’s the seventh largest Powerball jackpot ever to be won in history. Many of the biggest Powerball player lottery winners forget that they have a ticket, and never get around to checking their results until they start seeing advertising looking for the winner and reminding players to check their tickets.

“The New Jersey Lottery is thrilled to announce that the sole winning ticket for Saturday night’s drawing was purchased in the Garden State,” said the New Jersey lottery commission. The executive director, Carole Hedinger, mentioned that the winning Powerball ticket was bought in Mercer County, in the capital of Trenton. The actual retail location still needs to be released, but the ticketholder(s) are probably taking their time to consult financial planners and lawyers before claiming their prize.

“Winning a Powerball jackpot of this size is a life-changing event. Huge congratulations to the ticketholder and the retailer who sold it. The lottery commission is anxiously waiting for a call from the winner telling them that they are the big winner of the jackpot,” said the commission.

The winning Powerball numbers for the $430 million jackpot were 5-25-26-44-66. The Powerball number was 9. Should the winner choose to receive their winnings in a lump sum, they will get $284.1 million after taxes.

New Hampshire Powerball Winner Donates $100,000

New Hampshire Powerball Winner Donates $100,000

A Powerball winner donates $100,000 of his $487 million prize money to a series of New Hampshire NGOs. What a nice guy! There are little people with absolute golden hearts and this Powerball winner is definitely in that mix, so few people use their winnings to help others in need.

The recipient of the winnings has chosen to remain anonymous. They claimed their tremendous windfall by creating a Trust named “Robin Egg 2016 Nominee Trust.” The Trust was facilitated by the lawyer firm Shaheen & Gordon. The Trustees announced their donation during a press conference at the New Hampshire Lottery Headquarters in Concord.

Although the family wants to remain anonymous, they won’t be strangers in the philanthropic responsibilities of becoming a multi-millionaire. Their winning Powerball ticket was bought from Hannaford Supermarket in Raymond in the draw that took place on the 30th of July 2016.

The Powerball winner had the option of accepting their prize in the form of a cash lump sum, or as an annuity. They chose the cash option and walked away with $256.3 million after taxes.

“This winning Powerball ticket has received an extraordinary amount of interest. While we certainly wish we could have met our Powerball winners in person, we appreciate and respect that they have chosen to try to live as normal a life as possible,” said the executive director of the New Hampshire Lottery Commission.

He added, “This is a life-changing amount of money and we are extremely happy to learn about the winners’ intention to make a major philanthropic impact with their winnings. This has been an incredibly exciting time for the New Hampshire Lottery and all of our players here in New Hampshire.”

Having the ability to give a lot of money away for the betterment of humanity and still have so much left over must be an amazing feeling. Play the lottery online today so you can also stand the chance to win big!

Powerball Jackpot Winners Claim $121.6 M

Powerball Jackpot Winners Claim $121.6 M

One of the luckiest couples in the world will have the blessing to start 2017 as multi-millionaires. The USA Powerball jackpot winners will now have a net worth of over $121.6 million! After matching all five white balls including the bonus ball, they are looking forward to their new life filled with luxury and adventure!

On December 17th, 2016, a man and a woman who wishes to remain anonymous, became Powerball jackpot winners raking in $121.6 million. They bought their lucky ticket at Selbyville Goose Creek in Selbyville, Delaware.

The man was the one who bought the ticket, and he says he has been a loyal player of the Delaware Lottery since it first began in 1975. He normally plays Powerball and Mega Millions when the jackpots get really big. He likes to play his own lucky numbers and has been doing so for many years now. He chose his numbers from a quick pick Powerball ticket he bought ages ago and has since then stuck with them. Well, it really did pay off!

“I figured it only takes one ticket to win. I went to the machine and scanned my ticket, and all these numbers came up. I have never seen that many zeros in my life! Once reality set in, my first reaction was to cry. I walked out of the store in tears and returned to my wife who was waiting for me in the car,” explained the winner.

As one can imagine, the wife was surprised and worried seeing him come back to the car in the state he was in. “He came to the car and had all these tears streaming on his face. I didn’t know what to think at first, but then he anxiously told me the news. I was so confused I didn’t believe him and thought he was joking with me. I made him double check the Powerball numbers right there in front of me against my phone, and we got the same results. I was astonished,” explained the Powerball jackpot winners wife.

They chose to receive their money in a cash option, which amounted to $72.1 million after federal taxes. “This is just such a great experience, and we don’t want to spend the money foolishly. I have strong feelings toward education and would want to make donations to schools or other charities in the future. We’ve also had our eyes on an RV. Since we travel a lot, it would be perfect for our family,” she said. The husband has also always dreamed of owning a fancy motorbike, so he will be spoiling himself with one very soon.

“Winning is not going to change me. I told him I don’t want us to be different because of the money,” said the man’s wife.