Mega Millions jackpot is $785 million. Why the lump sum is overrated

This could be a very good year for one lucky winner of the fourth-largest jackpot in Mega Millions history. And yet, kicking off 2023 with $785 million could have a downside. “The curse of the lottery losers is very real,” said Andrew Stoltmann, a Chicago-based lawyer who has represented several recent lottery winners. One of … Read more

Powerball jackpot at $1.9 billion — for annuity. Lump sum is overrated

It’s hard to imagine what it would be like to win Powerball’s $1.9 billion prize. But the reality almost always falls far short of the fantasy. “The curse of the lottery losers is very real,” said Andrew Stoltmann, a Chicago-based lawyer who has represented several recent lottery winners. One of the very first decisions a … Read more

$1.34 billion Mega Millions winner must claim lump sum by Sept. 27

A customer at the 7-Eleven on Chino Hills Parkway in Chino Hills receives there lottery tickets on Wednesday, July 27, 2022 where Fridays Mega Millions payout is expected to exceed $1 billion. Will Lester | Medianews Group | Getty Images The clock is ticking for whoever landed the $1.34 billion Mega Millions jackpot in late … Read more