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Twelve things not to do if you win the lottery
Imagine becoming vastly wealthy overnight. Being a winner of a multimillion dollar lottery has to be incredible. It certainly is going to be a life-changing event for almost every single lottery winner. But what about when the prize is an astronomical sum of $100 million, $200 million or $300 million? If you happen to be lucky enough to win a lottery, please avoid some of the simple mistakes, and complex mistakes, that have taken other lottery winners into bankruptcy. Imagine being Joe Somebo
Aug 27, 2013, 6:47 am - Lottery News

Maryland Lottery's 40th anniversary exhibit has couple recounting fond memories
Historical exhibit open to public through September Includes video report In 1973, a loaf of bread cost 27 cents, a postage stamp would set you back 8 cents and a gallon of gas sold for 45 cents. No wonder, then, that jaws dropped at reports of the new Maryland Lottery's plans to host a Millionaire Party on Jan. 31. Lucky Lottery players Charles Buck and Pat Hofferbert of Rosedale joined 100 other hopeful players at that party 40 years ago and they still have the photos to prove it. The
Jul 2, 2013, 5:18 pm - Lottery News

6 things to do before claiming your lottery prize
What should you do if you win the lottery? Take it from someone who has developed a national reputation for working with sudden wealth recipients or as a client recently remarked, a lottery financial adviser : There are countless financial, tax and legal strategies that you can take to make the most of your sudden money but not so fast! Winning the lottery is a unique sudden wealth event that requires several immediate decisions. Here are six things you should do before you claim your lottery pr
Jun 5, 2013, 8:55 am - Lottery News

Statisticians search for how to beat the lottery
You've probably heard the saying: Liars figure, but figures don't lie. Well, it's probably true the chances of winning a Powerball jackpot is more than 1 in 175-million. Still, there's always somebody that thinks they can beat the system. Whether it's your wedding anniversary, your birthday, your child's birthday, or the date of another event that's important to you, people typically pick random numbers as any state lottery official will tell you, every number drawn is completely random. A
Feb 20, 2013, 9:26 pm - Lottery News

Lottery winner Jack Whittaker's losing ticket
Jack Whittaker, a 55-year-old contractor from Scott Depot, W. Va., had worked his way up from backcountry poverty to build a water-and-sewer-pipe business that employed over 100 people. He was a millionaire several times over. But when he awoke at 5:45 a.m. on Christmas morning in 2002, everything he'd built in his life held only passing significance next to a scrap of paper in his worn leather wallet a $1 Powerball lottery ticket bearing the numbers 5, 14, 16, 29, 53, and 7. Whittaker had pu
Dec 19, 2012, 10:03 am - Lottery News

The man who lost a $5 million lottery ticket
Like many who buy a Lottery ticket, Martyn Tott never seriously contemplated the possibility that he would actually win. Of course, it would have been wonderful, but he was largely happy with his rather humdrum life. When he realized he'd scooped the 3,011,065 jackpot, however, his opinion changed somewhat. Suddenly, a social life that revolved around Chinese takeaways, pints of ale and Saturday nights spent rock 'n' roll dancing at the local town hall seemed positively mundane. So, too
Dec 19, 2012, 8:51 am - Lottery News

How lottery winners spend their money
Lottery winners: What separates the ones who live happily ever after from the ones who, five years later, wind up drunk, broke, in jail or hounded by the IRS? Stephen Danish knows. In fact, the Virginia Commonwealth University professor of psychology is such an expert on the subject that the Virginia Lottery has hired him to counsel winners. Asked how many winners he has helped, he puts the number is in the double digits. He once told the Roanoke Times that he can tell how well (or badly)
Dec 15, 2012, 12:41 am - Lottery News

Big lottery winners offer advice, cautionary tales as $500M Powerball drawing approaches
So you just won the $500 million Powerball jackpot, the second highest in lottery history. Now what? Perhaps it's time for a tropical vacation or a new car. There are bills to pay, loans to settle, debts to square. Past winners of mega-lottery drawings and financial planners have some more sound advice: Stick to a budget, invest wisely, learn to say no and be prepared to lose friends while riding an emotional roller-coaster of joy, anxiety, guilt and distrust. I had to adapt to this ne
Nov 28, 2012, 9:08 am - Lottery News

Thursday is a numerologist's dream day
What are you doing on 10-11-12? On Thursday, some people may be marking, in some way, the fact that it is a special day, numerically speaking: It's 10-11-12. Nice, but how significant? Those who study numbers say, well, not too much. Or perhaps it's better to say that it's as significant as you want it to be. Significant enough to influence your wedding date? At one wedding chapel in Las Vegas, Forever Grand at the MGM Resorts, there's a special numerology package, including a chapel, a
Oct 10, 2012, 7:45 pm - Lottery News

Lotto winners get torch-carrying teen new prosthetic leg
A 13-year-old who lost a leg to cancer will get a new life-changing prosthetic limb from Britain's biggest-ever lottery jackpot winners. Heartrendingly Kieran Maxwell had to be helped from the ground after he fell carrying the Olympic torch last month in Bishop Auckland, County Durham, because of his current heavy artificial leg. But now he will be able to walk, run and climb just like his friends, his emotional mother Nicola said today, thanks to Euromillionaires Colin and Chris Weir.
Aug 1, 2012, 8:49 am - Lottery News