You win some, you lose some — but after winning a lump sum, this mom lost everything. Gabby Walker, a mother of two, from the ...

Lottery games surely get people to dream big. Those massive jackpots seem like imaginary money. Powerball prizes got huge, ...

That $31 million is a help for sure, but it's not even close to covering all expenses. The percentage of how much the lottery gives to schools has gone down, and that's by design of state lawmakers.

Ahead of another Euromillions rollover, This is Money spoke to an adviser to those fortunate few who have scooped a jackpot to get some practical tips on what to do if you win big…just in case.

Gillian Bayford, who collected a cool $187.5 million via the UK’s lottery, was forced to bid farewell to a slew of money-grubbing family members, including her now ex-husband, Adrian.

Key Points If you happen to be so cosmically lucky as to win the lottery, STOP and consider not just how to spend the money, but how to receive it, talk about it, and preserve it from both well ...

All money left after expenses must be used exclusively for property tax relief. The Wisconsin Lottery saw record high overall ticket sales of $981.7 million in 2023, its most recent financial ...

It's a big dollar amount to suddenly win, but it's far from the $1.22 billion that's grabbing headlines. To the person who wins, Warren said, "It's critical that you work with a professional.

"Even if they didn't ask, I would give it to them," lottery player Curtis Mayfield said. "I gave the winning ticket away. The person I gave it to, they can make the decision. But I would though." ...

If you are a U.S. citizen and do not have a Social Security number, the IRS requires the Florida Lottery to withhold 30% federal withholding tax on prizes of $600 or more.

24/7 Wall St. Insights Winning a major lottery is one of the least likely things that could happen to you. Playing can be addictive and wasteful, and even winning can be life-destroying.

Don't Miss: Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? How much money will a $200,000 annuity pay out each month? The numbers may shock you.