Mega Millions & PowerBall jackpots are now above $400 million….

megamillionspowerball

Have you seen? Excitingly Mega Millions and PowerBall jackpots both over $400M, there are likely a lot of players daydreaming about how they’d spend such a awesome winning amount.

They also may want to think about what to do as a winner before the money actually gets banked to them. That is, there would be some big decisions to make before they even think about heading to lottery headquarters to claim the prize. “This is extreme wealth,” said Walt Blenner, a legal official. “You really need to have everything in order.”

The Mega Millions jackpot has reached an estimated $405M for Friday night’s drawing after no ticket matched all six numbers drawn Tuesday. Powerball’s top prize is an amazing $457M for Saturday night’s drawing. So this weekend is all to play for!

While the chance of a single ticket winning the top prize in either game is tiny— with odds of 1 in 302 million for Mega Millions and 1 in 292 million for Powerball — it’s still worth considering how you would handle such a windfall if you were to beat the odds – history shows it is incredible and it could be you!

Here are three immediate considerations for winners – It’s best to share the news with only a small group, experts say. Would you shout about it?

“Tell as few people as possible,” Blenner said. “That means your immediate family, although I’d say don’t tell children other than to make a vague reference about how there will be changes to your life coming.”

Most lottery winners choose to get a lump sum. For the $405 million Mega Millions jackpot, the cash option is $294.7 million. For Powerball’s $457 million top prize, it’s $331.6 million.

What could you do for friends and family with these amazing jackpots?

Win for you, family and friends online at WeLoveLotto!

Back To List