If you take home the third-largest Mega Millions jackpot ever, you should be aware of the following.
The third-largest Mega Millions jackpot winner's claim is likely to draw attention from taxes, con artists, and close friends and family, according to experts.
However, given all the publicity, the first and most important piece of financial advice is arguably what you shouldn't do if you have the winning ticket.
It's best to keep your victory to yourself, Rob Burnette, a financial and investment advisor with Outlook Financial Center in Troy, Ohio, recommended.
If you're fortunate enough to hit the jackpot, keep it a secret. Plan ahead and get organised. Think about preserving your anonymity if at all possible.
Over $1 billion has been won in the Mega Millions jackpot.
After no one matched all six numbers on Tuesday night to claim the top prize, the enormous Mega Millions lottery jackpot increased to $1.02 billion.
The new anticipated jackpot will rank as the fourth-largest lottery prize in the country.
Since April 15, nobody has matched all six of the game's chosen numbers, which has resulted in the jackpot growing significantly.
That's 29 lotteries in a row without a significant winner.
The numbers for Tuesday were 07-29-60-63-66; the Mega Ball was 15.
For winners who select the annuity option, which is paid out annually over 30 years, the prize is worth $1.02 billion
The majority of winners choose the cash option, which for the upcoming drawing on Friday night is anticipated to be $602.5 million.
One in 302.5 million people have a chance of winning the jackpot.
Along with 45 states, Washington, D.C., and the US Virgin Islands, Mega Millions is also played there. State lotteries are in charge of organising the game.
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