How to Secure Your Lottery Jackpot

If you’re one of the lucky few to win a lottery jackpot, you may want to keep it to yourself. Although it’s not the most fun thing to do, keeping your winnings anonymous can protect you against scammers and long-lost friends.

One of the best ways to secure your lottery prize is to pick up a financial adviser. These people are well-versed in taxes and financial planning and can help you manage the windfall.

You might have heard of the Powerball and Mega Millions. Both are multistate lotteries that have been running since 1988. The main difference between the two is that the Mega Millions jackpot is based on ticket sales, while the Powerball jackpot is based on a prize pool that has been built over three decades.

The Powerball is the bigger of the two because it has a higher jackpot. The odds of winning the grand prize are 1 in 292 million. The Powerball is also the first jackpot to have a lump sum payout.

The Mega Millions has been offering a multi-million dollar jackpot for several years, and it hasn’t hit a winner yet. However, the Mega Millions has a larger jackpot than the Powerball, which was worth $700 million in 2016.

The Powerball has a larger jackpot than the Mega Millions, but it’s more difficult to win. The Powerball is offered as a cash prize, or as an annuity. The annuity is a lump sum payment over a 30 year period.