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$500 MILLION: Mega Millions sets all-time lottery jackpot record

Topic closed. 749 replies. Last post 5 years ago by haymaker.

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DivinePurpose's avatar - 18773428841 11263_6_26cta.jpg
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Posted: March 29, 2012, 12:07 am - IP Logged

I meant to say how will my press conference last when i win? how long will  it take to receive my money?

I don't think there's a set amount of time for the press conference. Just have your team of attorneys to talk to the lottery commission about the details before hand. After the verification process has been completed it can take up to 3 weeks but it depends on your state.

    BBLL's avatar - audi r8-wallpaper-bla
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    Posted: March 29, 2012, 12:10 am - IP Logged

    I don't think there's a set amount of time for the press conference. Just have your team of attorneys to talk to the lottery commission about the details before hand. After the verification process has been completed it can take up to 3 weeks but it depends on your state.

    how do i find the right people to hire ?

      DivinePurpose's avatar - 18773428841 11263_6_26cta.jpg
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      Posted: March 29, 2012, 12:21 am - IP Logged

      Hmmm, thts not bad advice, not at all, but this jackpot is more than just a financial windfall, whoever wins could really embrace it and become famous, mega famous....if I win, there will b no anonimatty (spell check) I'm embracing my new found fortunate and fame, not go worried about stammers and what not, I'll ignore them. Travel for the rest of my life....become an actor, tha world is open to a new 500millionaire

      Yeah a lot of people would like to be famous but I think you should do a Google search for Michael Carroll (lottery winner). He used his $15.4 million to acheive celebrity status in the UK but ended up losing it all. Fame is addictive and if you aren't well-grounded, things will take a turn for the worse. 

      I assume you are a college student based on your username so I'd suggest putting off your dreams of stardom until you're 28 or so. That's the age when most young adults have mental clarity and get a lot of things out of their system. You wouldn't want your decisions today to affect a family that you may want to start in the future. And please don't think that I'm lecturing you. My bf is a 22 year old music major [and struggling musician] and when we talk about the lottery, he goes on and on about lavish living and stardom. So I definitely understand. I'm sure being famous looks good from the outside but you never know what people go through behind closed doors. So even if you'd like to pursue your acting career, take a little time to plan things out so your life is as peaceful as possible. 

      Best of luck!

        zinniagirl's avatar - flower avatar_0026.jpg
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        Posted: March 29, 2012, 12:24 am - IP Logged

        I don't think I've ever seen a winner that had purchased advanced/multi/future-draws.  I just find that a bit strange that it always seems to be someone who bought their ticket since the last draw.

        Has anyone else ever noticed if a multi-draw ticket (and it was bought prior to the previous draw; e.g., two weeks before) has ever won the jackpot?

        Yes, there was at least one winner using advanced play.   They had paid for 10 draws but if I remember right, they won on the first or second draw.   This was several years ago.   If you go into the archives you could find the story. 

        All of my large winnings have been on advance draw tickets.   I usually do the 26 draw.   that way it is only one visit every three months.   haven't won the main one yet....   There is always a first time, like perhaps Friday!!

          DivinePurpose's avatar - 18773428841 11263_6_26cta.jpg
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          Posted: March 29, 2012, 12:25 am - IP Logged

          how do i find the right people to hire ?

          Ask your family and close friends about Tax Attorneys, Certified Public Accountants (CPA), Attorney (that specializes in estate planning), and a Financial Advisor/Planner. If your family cannot suggest anyone, the Better Business Bureau could point you in the right direction.

            CDanaT's avatar - tiger avatar_04_hd_pictures_169016.jpg
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            Posted: March 29, 2012, 12:30 am - IP Logged

            how do i find the right people to hire ?

            Do a search on Lotto attys, wills, estate planning and tax lawyers in your respective state...See if any of them come up assisting any lotto winners....Also look for a CPA firm of decent size who has a wealth management program,has maybe 40-60 employees on staff, diverse in all areas of accounting including government audits. See if any of the managing partners has any national accreditations.  It will take some time, just be thorough.

            Stay Positive, Believe and good things will come your way

              Nikkicute's avatar - nnjx1k
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              Posted: March 29, 2012, 12:43 am - IP Logged

              I don't think there's a set amount of time for the press conference. Just have your team of attorneys to talk to the lottery commission about the details before hand. After the verification process has been completed it can take up to 3 weeks but it depends on your state.

              Team of attorneys? LOL!!! What the heck?

                DivinePurpose's avatar - 18773428841 11263_6_26cta.jpg
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                Posted: March 29, 2012, 12:50 am - IP Logged

                Team of attorneys? LOL!!! What the heck?

                Yes? If you didn't notice, Louise White while claiming her $336 million Powerball prize earlier this month was accompanied by her legal team. They were there to assist her in the claim process. Your legal team can also make arrangements on your behalf before you claim your prize to ensure that you know what to expect.

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                  Posted: March 29, 2012, 12:58 am - IP Logged

                  Yeah a lot of people would like to be famous but I think you should do a Google search for Michael Carroll (lottery winner). He used his $15.4 million to acheive celebrity status in the UK but ended up losing it all. Fame is addictive and if you aren't well-grounded, things will take a turn for the worse. 

                  I assume you are a college student based on your username so I'd suggest putting off your dreams of stardom until you're 28 or so. That's the age when most young adults have mental clarity and get a lot of things out of their system. You wouldn't want your decisions today to affect a family that you may want to start in the future. And please don't think that I'm lecturing you. My bf is a 22 year old music major [and struggling musician] and when we talk about the lottery, he goes on and on about lavish living and stardom. So I definitely understand. I'm sure being famous looks good from the outside but you never know what people go through behind closed doors. So even if you'd like to pursue your acting career, take a little time to plan things out so your life is as peaceful as possible. 

                  Best of luck!

                  I swear ur advice is phenomenol, it does make me look at it differently, but I immagine myself as being the lottery winner everyone sees them self being. The "yea, I'd do tht too" guy. I'm only 21 so a Jackpot like this would probably doom me, so I really play with hopes of winning just the second prize, enough ta give me a great strt at life.

                    CDanaT's avatar - tiger avatar_04_hd_pictures_169016.jpg
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                    Posted: March 29, 2012, 1:17 am - IP Logged

                    I swear ur advice is phenomenol, it does make me look at it differently, but I immagine myself as being the lottery winner everyone sees them self being. The "yea, I'd do tht too" guy. I'm only 21 so a Jackpot like this would probably doom me, so I really play with hopes of winning just the second prize, enough ta give me a great strt at life.

                    Always listen to your gut and the professionals..if anything else take 25 % of the AFTER-tax winning(lets say its 40 million dollars), stick it in an account someplace that gets you 2-3 % interest over a year and never touch that $40 Million. EVER !! You can live off the 2-3 % interest....Remember,2-3% interest of $40 million is between $800,000 - $1.2 million every year.....Not a bad paycheck...even for a young college lad. Wink..Good luck on Friday.

                    Stay Positive, Believe and good things will come your way

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                      Posted: March 29, 2012, 1:20 am - IP Logged

                      I swear ur advice is phenomenol, it does make me look at it differently, but I immagine myself as being the lottery winner everyone sees them self being. The "yea, I'd do tht too" guy. I'm only 21 so a Jackpot like this would probably doom me, so I really play with hopes of winning just the second prize, enough ta give me a great strt at life.

                      You're one of the very human beings who actually does not want to win big money. You also think very poorly of yourself.

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                        Posted: March 29, 2012, 1:25 am - IP Logged

                        If I win the jackpot on Friday, I am going to wait a year until the very last day possible to cash it in. During that time I will reflect on life and enjoy my final normal year of life, knowing that it will never be the same after I come forward as the winner. I'll decide what I want to do with the rest of my life and hopefully use my last chance as a normal person to make real friends who don't want me for my money. And then at the end of the year I will let them know, and being fully prepared I will come to collect what is mine.

                         

                        Smiley

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                          Elgin, IL
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                          Posted: March 29, 2012, 1:26 am - IP Logged

                          Yeah a lot of people would like to be famous but I think you should do a Google search for Michael Carroll (lottery winner). He used his $15.4 million to acheive celebrity status in the UK but ended up losing it all. Fame is addictive and if you aren't well-grounded, things will take a turn for the worse. 

                          I assume you are a college student based on your username so I'd suggest putting off your dreams of stardom until you're 28 or so. That's the age when most young adults have mental clarity and get a lot of things out of their system. You wouldn't want your decisions today to affect a family that you may want to start in the future. And please don't think that I'm lecturing you. My bf is a 22 year old music major [and struggling musician] and when we talk about the lottery, he goes on and on about lavish living and stardom. So I definitely understand. I'm sure being famous looks good from the outside but you never know what people go through behind closed doors. So even if you'd like to pursue your acting career, take a little time to plan things out so your life is as peaceful as possible. 

                          Best of luck!

                          The next day is never a guarantee. He does have to put of his dreams stardom until 28. He better live now. I know a lot of immature 28 year olds.

                            Nikkicute's avatar - nnjx1k
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                            Posted: March 29, 2012, 1:28 am - IP Logged

                            Yes? If you didn't notice, Louise White while claiming her $336 million Powerball prize earlier this month was accompanied by her legal team. They were there to assist her in the claim process. Your legal team can also make arrangements on your behalf before you claim your prize to ensure that you know what to expect.

                            Oh ok, I won't be needing a legal team to assist me in the claims process or make

                            arrangements on my behalf. In a way L.P. is my team, so much information on this site for free,

                            won't be needing to pay any lawyers for that! I guess he needed that because she let them speak

                            a little for her at the press conference. How long ago was that? I know she got her wire tranfer by now lol

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                              Posted: March 29, 2012, 1:31 am - IP Logged

                              If I win the jackpot on Friday, I am going to wait a year until the very last day possible to cash it in. During that time I will reflect on life and enjoy my final normal year of life, knowing that it will never be the same after I come forward as the winner. I'll decide what I want to do with the rest of my life and hopefully use my last chance as a normal person to make real friends who don't want me for my money. And then at the end of the year I will let them know, and being fully prepared I will come to collect what is mine.

                               

                              Smiley

                              1. Bad idea to lose out on a years worth of intrest.

                              2. Just plain dumb to wait till last minute to claim. Theres a thread of a guy waited till the last minute. He was three days late now no money. I'd collect as soon as I got my lawyer to set up LLC or trust, 2-3 weeks.

                               

                              This is gonna roll over agian. It's gonna break $400 million cash by Friday.

                                 
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