The massive 434 million Euro Powerball jackpot was won by a single ticket holder! The ticket was sold at Hannaford store in Raymond, Washington. No player has come forward to claim this life-changing sum of money yet, but perhaps they are planning to take important financial considerations first? Let’s see!
The winning numbers for the massive jackpot were: 11-17-21-23-32 with the Powerball number 5. According to financial advisors experienced in dealing with lottery wins, the winner who has the winning ticket should take a deep breath, and not make any rash decisions. They must take extreme precaution before they finally go to the lottery headquarters in Concord to show that they indeed have the winning ticket and are the rightful owners of the massive Powerball jackpot amount.
“When you are going to accept significant sums of money, you want to know where it is going and how it is going to be structured before you accept the money,” says Tim Lesko of Granite Investment Advisors. He added, “Because walking into a bank with a couple of a hundred million dollar checks, they might not accept it.” There is a lot to consider for anyone who becomes so rich practically overnight.
He added further, “It’s so very important
He added further that it will be very important and wise for them to get in touch with a lawyer, too. Another important person to get hold of would be a tax professional, and also an investment person dealing with good portfolios.
The Powerball jackpot winner has a year to come forward and claim their winnings. If they do not come forward in time, the winnings will be forfeited from their name and donated to the government to spend on schooling, charities, and infrastructure.
So, we guess you could say it’s always a win-win scenario even if the winner doesn’t come forward. The point is, the money will not go to waste either way. We sincerely hope they come forward soon, though!
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