$1.5 billion Mega Millions winner claims jackpot—here's why it's smart for them to stay anonymous via CNBCMakeIt
A South Carolina resident has come forward to claim the $1.5 billion Mega Millions jackpot from last October, the largest payout to a single winner in U.S. history.
Instead, keep a low profile and tell only a few people you're close to, if that's possible, because"money can change, disrupt or end relationships," Ramassini says."It can lead to you hearing from relatives or friends you never knew existed." And the New Hampshire womanwho won the $559.7 million Powerball jackpot in 2018 actually went to court for — and won — the right to remain unnamed.
If you live in a state that will publicize your identity, you can usually create a trust fund or another legal entity to receive your winnings. "The first thing to do is contact a financial planner and an accountant," says Greg McBride, chief financial analyst at consumer financial company Bankrate."Don't quit your job or make any big decisions. That can wait until the dust settles."
The odds of winning the Mega Millions are slim: about one in 302.6 million. So, it's no wonder the winner"marvels at how every decision made that day" that brought them into the store, the release says.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Winner of $1.5B Mega Millions, record prize for single winner, comes forward in So. CarolinaWhen buying the ticket, the winner had let another Mega Millions buyer step in front in line. 'A simple act of kindness led to an amazing outcome,' officials said.
Read more »
Finally, someone has come forward to claim the largest single-winner Mega Millions jackpotThe mystery of who won the $1.5 billion Mega Millions jackpot in South Carolina has been solved. The anonymous winner opted to take a cash option one-time payment of nearly $878 million -- the largest jackpot payout to a single winner in US history.
Read more »
$1.5 billion Mega Millions jackpot is claimed in South CarolinaLottery officials on Monday announced that a South Carolina resident had stepped forward to claim the $1.5 billion Mega Millions jackpot from last October.
Read more »
Mystery winner finally claims $1.5 billion Mega Millions jackpot, ending months of speculationThe lottery organization said that the winner let another Mega Millions customer go ahead in line the day they purchased the ticket and that 'a simple act of kindness led to an amazing outcome.'
Read more »
South Carolina lottery winner claims record $877 million cash prizeThe anonymous sole winner of a $1.5 billion U.S. Mega Millions drawing last fall...
Read more »
The $1.5 billion Mega Millions jackpot was finally claimed in South CarolinaIt's the second-largest lottery prize in US history.
Read more »
Winner of $1.5 billion Mega Millions jackpot has come forward in South CarolinaThe South Carolina Education Lottery Commission announced that the winner of the $1.5 billion Jackpot will remain anonymous.
Read more »
$1.5 billion Mega Millions jackpot claimed in South Carolina, winner remains anonymousThe winner waited 132 days before claiming the largest jackpot payout to a single person in U.S. history.
Read more »