If You Win The Powerball, This Is The First Thing You Should Do
If you are a regular lottery player, you have probably heard that the lottery people are sitting on a massive jackpot. The last time someone won the Powerball jackpot was in October. Since then, it has grown, and grown, and GROWN! According to the Maine Lottery website, the current jackpot - as of 3 PM on January 3rd - is estimated to be $540,000,000. Yep, the jackpot is over half a BILLION dollars.
So, you're going to get tickets for the drawing, you're going to watch the drawing on TV (or check the numbers on the internet), and then you're probably going to throw your losing tickets away.
But, what if you won? What is the first thing you should do if you win big?
According to the New York Post, the head of the Mega Millions Lottery says the first thing you should do if you win the lottery is.... Sign the ticket and lay low!
Gordon Medicia, the head of the Mega Millions Lottery and Maryland Lottery, says after doing those two things you should “Get some good advice, get a good financial adviser, good lawyer, tax accountant, all that. Get your affairs in order."
Seems like sound advice. Sadly, many people don't sit back and take the time to consider what they should, and need, to do after winning the lottery. Many people simply rush out to buy that mansion, have the cee-ment pond installed, charter that yacht for the summer, and get that private jet.
So, if you won BIG in the lottery, what would you spend the money on? Let us know by messaging us through our app or sending us a message on Facebook.
KEEP READING: See the richest person in every state
Have you downloaded our FREE app? You can use it to stream the station, message the DJs, and get breaking news sent right to your phone. It really is the best way to stay on top of everything going on at the radio station and across Central Maine. Just enter your phone number in the box below to get the download link sent to you.