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What To Do If You Win Mega Millions

I’m sure if you are a lottery dreamer you already have some of your plans on how you will spend the money mapped out in your head. Well, the world…

WASHINGTON – OCTOBER 14: The words “In God We Trust” are seen on U.S. currency October 14, 2004 in Washington, DC. Although the U.S. constitution prohibits an official state religion, references to God appear on American money, the U.S. Congress starts its daily session with a prayer, and the same U.S. Supreme Court that has consistently struck down organized prayer in public schools as unconstitutional opens its public sessions by asking for the blessings of God. The Supreme Court will soon use cases from Kentucky and Texas to consider the constitutionality of Ten Commandments displays on government property, addressing a church-state issue that has ignited controversy around the country. (Photo Illustration by Alex Wong/Getty Images)

(Photo Illustration by Alex Wong/Getty Images)

I'm sure if you are a lottery dreamer you already have some of your plans on how you will spend the money mapped out in your head. Well, the world will await to see who claims the Mega Millions Jackpot that is now up to $340 million!! Some industry folk have some simple advice for you if you come into that kind of dough. See the list of "to-do's".

  1. Assemble a team of professionals who are experienced in helping lottery winners. That 'team' should include an accountant and a financial advisor.
  2. To protect your wealth, experts say consider protecting your identity (if it's allowed in your state)
  3. Experts say it'll be difficult, but avoid the urge to tell EVERYBODY! They suggest you keeping news of your winnings to a small circle.
  4. Clearly you won't be able to remain anonymous - as social media is a beast. But, experts suggest you shut down your social media accounts in advance.
  5. Edit your personal information online, make sure you are NOT easy to find especially by the media. Avoid having your address or phone number public.
  6. Big-jackpot winners are advised to skip town immediately after claiming their prize, just to escape the initial exposure
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Janine “JD” Davis: JD The Diva is the spicy, bold, and highly energetic radio and TV personality you hear hosting the midday shift (10 am till 3 pm) each weekday at V 101.9. An award-winning 30-year radio and news journalist, Janine brings her unique style of delivering entertainment, news, and inspiration to the airwaves. From her quick-witted ‘dirt’ on celebrities to the live Facebook mix show featuring JD and her best dance moves to JD’s Inspirational Moments where she shares personal battles and triumphs, JD keeps listeners engaged and entertained. When she’s not on air, you can find JD getting involved in the community and embracing Black-owned businesses and stories online. She enjoys writing about small Black-owned businesses, our HBCUs as a grad herself, and all things supporting women.