In Hitting the Lottery Jackpot, David Nibert provides a thorough history of lotteries, beginning with the 16th-century European game that funded colonialism and expanded into the burgeoning industries of 18th-century America. Nibert also explores the ideological underpinnings of lotteries, including their role in promoting a get-rich-quick culture. Hitting the Lottery Jackpot also makes the case against lotteries as a noxious government tax.
If you’d like to know the lottery jackpot size of your favorite game, you can check out our app. You can also find the current lottery jackpot size for all of your favorite games. We’ve compiled the current lottery jackpot size for all games, so you can stay on top of the jackpot’s progress. And if you’d like to be notified when the next jackpot is hit, you can do so tax-free with the right lottery app.
If you’re lucky enough to win the lottery, the next step is to make a plan. Before cashing in your winnings, get professional help and create a financial dream team. Start hiring a variety of experts to handle your newfound wealth, including an investment adviser, estate planning lawyer, certified public accountant, private bankers, and insurance experts. And don’t forget to get a copy of your ticket so you can preserve it.
If you win the Lottery, you’ll have two options: receive your prize as cash or an annuity spread over 30 years. If you choose the latter option, you’ll be receiving payments of at least $446 million a year until you die. If you’re lucky enough to win the former option, you’ll have to pay the taxes on the entire jackpot, which means you’ll have to shell out the money in a lump sum.