$1.5 billion Mega Millions winner claims jackpot—here's why it's smart for them to stay anonymous via CNBCMakeIt
A South Carolina resident has come forward to claim the $1.5 billion Mega Millions jackpot from last October, the largest payout to a single winner in U.S. history.
Instead, keep a low profile and tell only a few people you're close to, if that's possible, because"money can change, disrupt or end relationships," Ramassini says."It can lead to you hearing from relatives or friends you never knew existed." And the New Hampshire womanwho won the $559.7 million Powerball jackpot in 2018 actually went to court for — and won — the right to remain unnamed.
If you live in a state that will publicize your identity, you can usually create a trust fund or another legal entity to receive your winnings. "The first thing to do is contact a financial planner and an accountant," says Greg McBride, chief financial analyst at consumer financial company Bankrate."Don't quit your job or make any big decisions. That can wait until the dust settles."
The odds of winning the Mega Millions are slim: about one in 302.6 million. So, it's no wonder the winner"marvels at how every decision made that day" that brought them into the store, the release says.
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