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| Wisconsin man came forward to claim his nearly $1 billion. He won the most recent Powerball jackpot. |
In Wisconsin, you will have to come forward. Two Republican state lawmakers are hoping to get legislative action on this. They hope that Democratic governor Tom Evers might sign it into law.
The winner of the nearly $800 million Powerball jackpot came forward. He's got a lifetime of riches and he's under 30 years old.
The 24-year old man is excited and also very cautious about the thrill of this huge victory.
Out of that lottery lump sum he take about $474 million (excluding city, state and federal taxes).
He purchased a five line ticket at $10. It cost $2 per play. It cost $3 for a Power Play multiplier. Powerball tickets cannot be cancelled upon purchase.
Franco, who is single but has a girlfriend, explained how he "felt lucky" on the day he bought the ticket, so he stopped into a New Berlin gas station near Milwaukee after work to purchase it. He almost winked at the camera, he said, but he didn't.
He revealed that he wasn't "ready for it at all" when the $2 ticket won. He's decided to take the lump sum.
"It's hard to live your life knowing that you have the ticket everyone wants," Franco explained, indicating that it was a bit frightening having it in his possession until he turned it in. He kept the ticket in a safe in his house.
He purchased the ticket at a local Speedway in Milwaukee area. The national convenience store chain in New Bern can take at least the $100,000 cash prize.
Now Manuel Franco has nearly a lifetime of riches. He lives in West Allis and now he so humbled by the win, he doesn't know what to do about it.
If I won the lottery today, what would I do? (Expect trolls to pick the dumbest answers)
The operator is required to take money before issuing a ticket. Make sure you have your numbers placed on either a betting card, your lottery app or a previous ticket. Most operators will help you plug numbers in through the terminal or place an automatic bet for you. However in the case of long lines or possible errors, it would be best to be prepared for the transaction. Some states do offer debit and credit transactions.
If I've gotten my information from the local lottery commission I won't have any issues with discrepancies.
You cannot cancel Powerball or Mega Millions tickets. They are property of your state (or territory's) lottery commission. Any alteration, distortion or underage playing will void the games.
Second, make sure I will write your name, phone number or email address on your ticket. If the ticket is lost, stolen, or damaged, I may find it harder to win over lottery officials. If I don't write my name on the lottery ticket and I lost it or a crooked lottery operator gets his hands on it: It's your word against the winner.
State lottery providers have a license number. The place that sold the winning ticket does keep records of the transaction. The tickets are time stamped, verified and authorized. If I lose the ticket, make sure I will file a police report. I will not get on television saying that I've lost the ticket. It could cause a panic and if I was lying about it, I could face charges of misleading or filing a false police report.
If I am the winner of a Powerball or Mega Millions jackpot and the amount is a lot, I will take a picture of the winning ticket. It will also be insurance if the ticket is stolen. If it's lost, there's not much we can say about it other than it will be difficult to tell an "already heard it before" lottery commission that I lost a ticket.
If I have a picture of the stolen ticket and have a legit police report, it's likely I can make a case against the person who stole the ticket.
In most states, the required age to play the lottery is 18 years or older. Do not let anyone under the playing age purchase a ticket or lottery game. The operator could lose their license or you will forfeit your prize if the regional lottery operator determined that an underage player was the winner.
If I win the Powerball or Mega Millions jackpot, I will hire a qualified lottery and huge sum lawyer.
Make sure that a large sum lawyer is certified in dealing with lottery wins. Don't entrust your winning with a law firm that doesn't know how to deal with lottery winnings, investment or day trade.
It eliminates the junk food media from finding me and putting my face, name and contacts in the public arena.
I would wait until I get my lottery winnings before quitting my job. I don't want to burn bridges with any employer. Cause I might want to return to work one day and I need to at least stay active. Counting money can be boring.... I'm just saying.
Please, don't quit a job until you are sure you've won the lottery. Don't rush to judgment about being a lottery winner. Sometimes a person who wins the lottery never expects it to happen. Don't sit around the house hoping the day will come you'll be the millionaire. Don't have issues with your employer.
You may end up back at your job if you decide to go back into the workforce.
I will create a establishment will and trust fund.
I will make an investment in your money. I would put my lottery money in a trust fund since I have a child and place a trust in lieu of trusted family and friends. Only if I should die, I would make a will or entrust.
I would make sure I have someone who is trusted take care of the winnings if I have died.
I am often cautious about bragging but if you're bragging about you're winnings, that's fine. I you're like smart with the lottery winnings, I would warn you that canceling your appearance avoids the unnecessary stress from opportunists. Best believe opportunists are willing to swarm your social media with requests.
I don't want to pay the city or state police to secure my home or my property. I don't want my son, his mother, my family or closest friends getting harassed, solicited for information, trolled online and death threats.
Since I live in a state that doesn't have to reveal your name, I'm in the clear. However, if I would win in a state that doesn't conceal your name and I'm forced to become public, I would have to share my success with the junk food media. I would expect death threats, harassing calls, scammers and untrustworthy people to meddle.
Estranged family members, ex-girlfriends, fraudulent charity organizations and robbers are expected to exploit me because I'm now loaded with riches. As explained in my previous "The Cash Fever" postings, there are family members, former co-workers (who heard verbal promise, not written promise), ex-girlfriends, ex-boyfriends, ex-spouses, fraudulent charities, robbers and cyber criminals in the waiting. They will find ways to exploit for short-term gains or criminal acts.
I will always keep a calm head and do not treat winning the lottery like its a "normal" thing.
Estranged family members, ex-girlfriends, fraudulent charity organizations and robbers are expected to exploit me because I'm now loaded with riches. As explained in my previous "The Cash Fever" postings, there are family members, former co-workers (who heard verbal promise, not written promise), ex-girlfriends, ex-boyfriends, ex-spouses, fraudulent charities, robbers and cyber criminals in the waiting. They will find ways to exploit for short-term gains or criminal acts.
I will always keep a calm head and do not treat winning the lottery like its a "normal" thing.
I will make sure I pay off all debts before I cash in my ticket. First things first, I will pay off any college loans, car loans, property, utility billings, spousal support, child support, back taxes and credit cards. I don't want the state's job and family service or taxation department to offset a hefty portion of my lottery prize.
I won't let these issues ruin my credit score or chances at buying better things.
Yeah, the lottery is a gateway to putting in other venues. Some may blow their money at casinos, horsetracks, fantasy football and online poker. Some may blow it on sex, food, drugs and alcohol.
Granted that I am of free will and I am given the right to do whatever you want with your earnings.
Seriously am I going to get a gold statue of your image?
Am I willing to pay for five chefs, a butler, housekeeper, nanny, and chauffeur?
Am I going to buy a large property or own land? I am I willing to pay for the land tax?
Do I want fancy cars and a private jet? You got to have full coverage insurance for those fancy rides.
With the Jobs and Tax Cuts Act in effect, will your tax bracket change. Will I pay more or less in taxes with the IRS's code on gambling wins and losses?
You know that money will change you. You might become stingy with the winnings. Cause money comes and goes. You should be humble.
Cause money will change a person when they're rich. Don't expect your life to be "normal" when you win the lottery. Cause it's not going to be normal. It could a great experience or the worst thing.
The Have-Nots Will Always Try To Make You Feel Guilty About Winning. Ignore Them And Be Happy About Your Success.
I seriously believe he's going to have to move away from Milwaukee. But he's going to figure out what he's planning on doing next. If he happens to come to Journal de la Reyna and see our posting about the lottery, he might take our advice at his discretion. I am not a financial adviser. I am a common-sense type of person who knows that if I happened to win the lottery, I already have a plan of action.
Because I don't want to blow my winnings in less than 10 years. I want to cherish the success without any controversy.
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