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most people dream of winning the lottery, the new cars, the vacations, the homes. However, all of these shiny objects are things you should avoid. Here are five things you shouldn't do If you win the lottery. Take it from financial experts USA Today, CNN and 24 7 Wall Street spoke with I don't think you can win big and then up and leave your spouse without telling them. A woman tried this in 1996 after winning 1.3 million from the California Lottery, she was forced to hand over her fortune during divorce proceedings to her ex hubby. Don't jump for joy right away if the numbers match in 2013 a Pasadena, California, woman found out she held a winning ticket for a cool $360 million. Problem is, it wasn't a winning ticket because she bought it on our after the Powerball cutoff time. Don't be so generous with your new money. Word will spread fast and people in your life will be looking for a handout. The news will also attract people you don't even know hitting you up for investments, gifts and loans which won't be paid back. Some financial planners even recommend changing your phone number. The dream of winning can turn into a nightmare. If you brag about your new cash, USA Today says winning the lottery could make you a target for theft or murder. So keep things to yourself. Just because you won the lottery doesn't mean you're suddenly smarter about money. For many winning shows, they don't know a thing about having big bucks and taxes that come with those shiny new objects. Be smart and get a financial planner. Because the certified financial planner Board of Standard says nearly 1/3 of lottery winners declare bankruptcy. That doesn't take long to go from living on Easy Street to the poor house.
Woman wins $50,000 lottery scratch-off prize after ticket given to her as birthday gift
A woman from Kentucky got the gift of a lifetime after uncovering one of the top prizes of a Kentucky Lottery scratch-off ticket.Brianna Vanhoose of Magoffin County, Kentucky, said the scratch-off ticket was a gift given to her by her aunt for her birthday.“This was the first time I had ever bought the $50 ticket,” her aunt told Kentucky Lottery officials. “I bought two tickets, and I scratched one and gave her one for her birthday.”Related video above: Things You Shouldn't Do if You Win the LotteryVanhoose's aunt, who was not named by officials, also profited from her decision to buy the larger $50 ticket, though not nearly as much as her niece.“She won $75 so I was like, ‘okay, well I’m not going to win nothing,’” Vanhoose told lottery officials. “I scratched it, and I saw it and I just took off running.”Vanhoose had matched the number 49 on her ticket to win the game’s $50,000 prize while at her mother's house. Her aunt was also present.“I was behind her, and I didn’t know what was wrong and nobody else did either,” Vanhoose's aunt recalled to lottery officials. “She just kept screaming.”Vanhoose and her aunt made the trip to the Kentucky Lottery headquarters in Louisville on Oct. 15.She walked away with $36,000 after taxes. “I still don’t know what to think,” Vanhoose told lottery officials. “It still doesn’t seem real.”The scratch-off was a Kentucky Lottery Millionaire Club ticket, which can only be bought for $50. The ticket's top prize is $1 million, which according to the wording on the ticket itself, is only awarded to four purchasers across the state. The $50,000 prize is the second highest, which is awarded to 144 purchasers across the state. The third highest is a $10,000 prize, which is awarded to 1,260 purchasers.The ticket was bought at Kash Stop #2 in Salyersville, Kentucky. The store will receive $500 for selling the winning ticket.
SALYERSVILLE, Ky. —
A woman from Kentucky got the gift of a lifetime after uncovering one of the top prizes of a Kentucky Lottery scratch-off ticket.
Brianna Vanhoose of Magoffin County, Kentucky, said the scratch-off ticket was a gift given to her by her aunt for her birthday.
“This was the first time I had ever bought the $50 ticket,” her aunt told Kentucky Lottery officials. “I bought two tickets, and I scratched one and gave her one for her birthday.”
Related video above: Things You Shouldn't Do if You Win the Lottery
Vanhoose's aunt, who was not named by officials, also profited from her decision to buy the larger $50 ticket, though not nearly as much as her niece.
“She won $75 so I was like, ‘okay, well I’m not going to win nothing,’” Vanhoose told lottery officials. “I scratched it, and I saw it and I just took off running.”
Vanhoose had matched the number 49 on her ticket to win the game’s $50,000 prize while at her mother's house. Her aunt was also present.
“I was behind her, and I didn’t know what was wrong and nobody else did either,” Vanhoose's aunt recalled to lottery officials. “She just kept screaming.”
Vanhoose and her aunt made the trip to the Kentucky Lottery headquarters in Louisville on Oct. 15.
She walked away with $36,000 after taxes.
“I still don’t know what to think,” Vanhoose told lottery officials. “It still doesn’t seem real.”
The scratch-off was a Kentucky Lottery Millionaire Club ticket, which can only be bought for $50. The ticket's top prize is $1 million, which according to the wording on the ticket itself, is only awarded to four purchasers across the state. The $50,000 prize is the second highest, which is awarded to 144 purchasers across the state. The third highest is a $10,000 prize, which is awarded to 1,260 purchasers.
The ticket was bought at Kash Stop #2 in Salyersville, Kentucky. The store will receive $500 for selling the winning ticket.
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