1-in-303M chance to win the $1B jackpot prize - Insurance News | InsuranceNewsNet

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July 28, 2022 INN Insider News
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1-in-303M chance to win the $1B jackpot prize

What should you do with $1 billion? The already-giant $810 million Mega Millions lottery jackpot ballooned to $1.02 billion after no one matched all six numbers Tuesday night and won the top prize. Claiming that much money likely also will draw taxes, grifters, and friends and family members, advisers say. All that attention means the first and most important piece of financial advice likely is what you should do if you hold the winning ticket. "Don't shout your win from the rooftop," Rob Burnette, financial and investment adviser at Outlook Financial Center in Troy, Ohio, said. "If you're lucky enough to win the lottery, keep it quiet. Get organized and make a plan. Consider staying anonymous."

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