Tonight’s Mega Millions jackpot is worth more than a BILLION dollars. Here’s what you should do if you beat the odds of 1 in 303 million and win it all.
Keep the ticket safe. State Farm insurance recommends making several copies of the winning ticket, and putting the original in a safe or bank deposit box. Also, read all the rules before signing the ticket, because it might impact whether you can remain anonymous.
Protect your privacy. Be prepared to change your contact information, including your phone number and setting up a P.O. box. You’ll be surprised how many people suddenly want to get in touch.
Get professional advice. It’s a good idea to put together a team of financial experts ASAP, including an accountant, financial adviser, and lawyer.
Don’t make any big decisions. It’ll be really tempting to make a big purchase or lifestyle change, but that’s why so many winners go broke. And you’ll definitely want to avoid becoming an ATM for family and friends.