![]() ![]() One ticket sold in California for Friday's drawing matched all five white balls to win a second-tier prize. No one won Friday's Mega Millions drawing so Tuesday's jackpot will be $500 million with a cash option of $251 million. Looking for an edge? These Mega Millions numbers are drawn the most What is jackpot for Tuesday's Mega Millions? Here are the Mega Millions winning numbers for Friday, July 7, 2023: What are the 7/7/23 winning Mega Millions numbers? Meanwhile, the Powerball jackpot is at $615 million for Saturday's drawing with a cash option of $310.6 million, according to the Powerball website. The jackpot was last won on April 18 when someone in East Syracuse, New York won a $20 million jackpot and was also won on April 14 when a lottery player in Ozone Park, New York won a $483 million jackpot. “You may be interested in owning your favorite basketball team,” he warned, “but maybe that isn’t a good idea if it uses up all your money.The Mega Millions lottery jackpot was an estimated $450 million with a cash option of $225.6 million for Friday night's drawing, according to the Mega Millions website. “It’s a lot of money but until you figure out what you can afford, there are still limitations.”įor example, he said, consider chartering a private jet before diving in and buying one. “You can absolutely indulge but let’s be smart about it,” Patel said. Whatever the winner does, it is important to do it slowly. ![]() “Someone making $60,000 a year might need a certain type of professional manager and they may want to switch to someone who does ultra wealth.” “You need a manager who specializes in this and understands this world,” said Patel. Irwin said don’t leave this unanswered you must take action to ensure the bulk of your estate goes to your beneficiaries rather than the government. There is also a question nobody wants to answer at that particular time: What happens to the money when you die? “There are going to be many eyes watching.” “There are going to be people doing everything they can to figure out who the winner is,” said Kim Kamin, who was a trusts and estates attorney for 17 years and now teaches estate planning at Northwestern University’s law school. ![]() One expert who has worked with past lottery winners says the winners should avoid going to the lottery office altogether, instead sending an attorney or financial adviser to preserve their anonymity - if lottery officials allow. “I would suggest that you do that before you even set foot in a lottery office,” she said. “What you’re doing is using analytics to inform your spending.”įrizzi-Babb agrees that talking to a financial planner is a good idea. “I would run a Monte Carlo market simulation,” Patel said, explaining that this is an analysis of what a winner’s annual income might be and what the proceeds from various investments might be. “We won’t know whether it’s an individual or it’s a lottery pool until the winner comes forward to claim their prize,” National Mega Millions spokeswoman Danielle Frizzi-Babb said. And the winning ticket may have been bought by a group of people. Illinois is among the states where winners of more than $250,000 can choose to not reveal their names and Illinois Lottery spokeswoman Emilia Mazur said the vast majority of those winners do just that.Įven lottery officials may not know for a while who won because winners don’t have to come forward straight away. The game is coordinated by state lotteries. Mega Millions is played in 45 states as well as Washington, D.C., and the U.S. A clerk at the Speedway store who answered the phone but declined to give his name said the store had not been officially notified that it sold the winning ticket and that he learned about it from reporters calling for comment. According to the Illinois Lottery, the store that sold the ticket is a pretty big winner, too it will receive half a million dollars just for selling the ticket. ![]()
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