HARRISBURG, Pennsylvania, Sept. 25 -- Pennsylvania Attorney General Josh Shapiro issued the following news release:

Attorney General Josh Shapiro filed an amicus brief on behalf of a coalition of 17 Attorneys General to support a lawsuit by Massachusetts challenging the Trump administration's decision to roll back a requirement under the Affordable Care Act that employers include contraceptive coverage for women in their health insurance plans.

In December 2017, Pennsylvania won a nationwide injunction from Federal Judge Wendy Beetlestone of the Eastern District of Pennsylvania in a lawsuit challenging the Administration's actions. That ruling stopped the Trump Administration's rules undermining the Affordable Care Act's requirement that employers provide their employees with contraceptive coverage. The Trump administration is appealing that injunction. The Commonwealth of Massachusetts also sued the Trump Administration over its plans to change this critical rule, and the amicus brief filed today by Attorney General Shapiro and the other Attorneys General supports Massachusetts Attorney General Maura Healey's lawsuit.

"The Trump Administration persists in its efforts to impose illegal rules that will undermine the health and economic security of American women," said Attorney General Shapiro. "We stopped them last year when we obtained an injunction, but their efforts continue to threaten the rights of women everywhere to health care coverage. I've been an unwavering supporter of a woman's right to access affordable health care for my whole career, and I'm going to keep fighting for these basic, fundamental rights for women in Pennsylvania and across the country."

The amicus brief filed Monday with the United States Court of Appeals for the First Circuit in Boston, supports Massachusetts' appeal to stop the federal government from implementing new rules that authorize virtually any employer with a religious or moral objection to disregard its legal obligation to provide its employees and their dependents with coverage for contraceptive care. According to the brief, rules issued by the Trump Administration violate the Affordable Care Act, which requires insurance companies to cover preventive health care services, including contraception, with no co-pays.

As a result of the ACA, more than 55 million women in the United States -- including 2.5 million Pennsylvania women and families -- have access to birth control with no out-of-pocket costs.

In addition to Attorney General Shapiro, the amicus brief was joined by the Attorneys General of California, Connecticut, Delaware, Hawaii, Iowa, Maine, Maryland, Minnesota, New York, North Carolina, Oregon, Rhode Island, Vermont, Virginia, Washington and the District of Columbia.

Also: See how an insurance agent could reap a big commission negotiating a life insurance policy to offset estate taxes.

By Gary W. Boatman

Did you ever dream of hitting a huge lottery jackpot?

You might get a chance because both Mega Millions and Power Ball jackpots are climbing to some of the highest payoff amounts ever right now.

What would you do if you won all this money? Have a plan. This planning really starts after you win because the odds are very small - actually, you have a chance of 1 in 258,890,850.

Many times, groups of co-workers have gone together to purchase pooled tickets that they plan to share if they win. This gives you more chances to win something. Of course splitting with co-workers will reduce your shares total value.

If you buy tickets this way, everyone should have a photo copy of all tickets the group owns. There have been court cases where someone claimed the winning ticket they had was an individual purchase and not part of the group’s holdings. This would likely end up in court.

If you win, the first thing you need to do is keep quiet. Winners are swamped with request from friends, relatives and people wanting help that they never knew before. Maybe turn off your social media accounts and tell very few people.

Put together a team of a lawyer, accountant and financial planner. Many experts suggest signing the back of the ticket and making several copies to prove ownership if you are separated from your winning ticket.

Where you buy your winning ticket determines if you have to be named in public as the winner. In Pennsylvania, your identity will be revealed. If you bought the ticket in Ohio, you may be able to conceal your winnings. It might be a good idea to go away on a trip for a week or two to let some of the news cycle die down.

Sometimes you can create a trust of family limited partnership to help protect your identity. People can still possibly identify you, but it takes more work. You need to make sure that you have an up-to-date estate plan because things can change quickly.

Also, there cannot be any holes in your liability insurance because your odds of being sued will increase if you are thought to have deep pockets.

Taxes will claim a big share of your winnings. You will be in the maximum income tax rate of 37 percent. Pennsylvania used to exempt winning of residents if they purchased their tickets in state, but that changed in the new law. You will pay state taxes and the new federal tax law passed in December limits your deductions for paying local taxes to $10,000.

You will have to make a decision whether to take a lump sum payment or receive your prize over 30 payments. The figure announced as the prize is taking your winning over time. It is bigger because the undistributed money will be earning during the 30 years.

Someone who is not good with money and will spend everything might need to not have total access. There have been a number of reported cases where winners won millions of dollars and were bankrupt a few years later.

If you can control spending and have a good financial team, you can often earn more by taking the reduced lump sum and investing. With this size of investments your asset allocation would include many things that a normal citizen does not need to consider.

As with all gambling, do not spend more buying tickets than you can afford to lose. Buying tickets is not an investment, it is a way to help senior citizens and have a very small chance to have a different life.

Remember, 1 in 258,890,850! Good luck anyways.

Your Financial Future is written by certified financial planner Gary W. Boatman, MBA and CFP, who also wrote the book, “Your Financial Compass: Safe Passage Through The Turbulent Waters of Taxes, Income Planning and Market Volatility.” If there is an area that you would like to see discussed in the column, send your suggestions to [email protected].