It was truly a miracle for Richard Cerezo who was cleaning out the lottery tickets in a cookie jar and decided to have them checked out down at his local lotto store. He was facing foreclosure on his home, so this win came at the best time.
On the face of it, the decision seems a simple one. Take your lottery win money in all cash, or spread the payments out over 20-25 years or whatever the lottery offers? Watch if you want to know the difference.
It's great to hear the story behind a win. While eating at the Subway shop in the Valero, retired elementary school principal Harold Diamond noticed the Mega Millions jackpot flashing on the Lottery terminal. The 80-year-old from Wurtsboro, New York, and his wife were waiting out a storm. So he decided to get ten $1 Quick Pick numbers for that evening's drawings. The rest is history.
It's a sad fact of life that the moment you win a sizeable sum of lottery jackpot money, some of the world is out to take it from you. The problems can come from your lotto store, or a money-crazed group of relatives. Watch these examples to see what can go wrong at the worst possible moment.
Jason Kurland, a lottery attorney from law firm Certilman Balin, talks to PIX about about who can claim the prize, and the ownership of tickets and shared winnings.
In this promotional video Jason advises winners on how they can claim and manage their winnings.
They purchased water parks, entertainment companies, did bikini shoots and pro wrestling. These are some of the strange buys that lottery players have made when they win big. So USA Today got on their trail and found that there are some weird purchases done when money is no object. Anyone for a two-handled coffee mug?
Billionaire Mark Cuban gave some wise lottery-based pointers to the eventual winners of the billion-dollar Powerball in 2016, but one part of his advice was directly opposite to what Kevin O'leary had suggested here. Turned out it was about whether you should take the Lump Sum or Annual Payments. Who do you believe? Find out and watch now.
Once you've bought the mansion, a big screen tv for every room and a garageful of luxury autos, you wonder what you can possibly buy next that's really interesting. Take a few tips from the ideas from Dubai where they have mastered the art of big spending. And many of these items you'll only see in that country.
This is a reenactment of a foreign lottery scam that costs US consumers over $100 million a year. The US Better Business Bureau made this video to educate and help protect consumers from being victims of this scam. As always, never trust anyone who tells you that you've won a lottery you didn't enter.
The couple had worked for years, taking time off their jobs to attend their kid's events. Now it's all in the past - they can do what they want... they've retired. Dave and Erica Harrig now have plenty of time to enjoy the $61 million they won. What's next for them? Take a look...
You could even win twice, as Harry Black discovered with his double $31.7 win with Lotto 649. PHOTO: BCLC
The more lottery tickets you can buy, the better your winning odds. To increase the number of lottery tickets you can afford, I've gathered together 9 quickfire ways you can use to grab more cash:
Read MoreAh, bliss... The Big One - no more bills or money worries for the rest of your life! What's that? It's ALL going to run out in a couple years? Oh no! Better watch the vid then. Grab a pen and paper and see how you can fool the lotto world by keeping all your jackpot millions intact... unlike most other winners.
Think you know what you should do immediately after you win the lottery? You won't believe the advice this man gives you in this video. After the shock has worn off, he tells you to make a difficult decision. But when you do, it will impact positively for the rest of your life. This advice starts early at 0:26 in the video.
Most lottery winners say that money won't change them, but for once this is actually true, School janitor Tyrone Curry stayed put after winning $3.4 million in the Washington State Lottery, only buying a heat pump for his modest home. What did he do with the rest? Watch - it will make you believe in humanity again.
Want some ideas on how to spend those millions of dollars you got from last night's lottery draw? These winners all did the sensible thing and invested most of it. One winner bought a new Cadillac, and put the rest in the bank. Where's the fun in that! If you want to know whether it was worthwhile, listen to what they say about their good luck. Maybe it'll give you some ideas.
When finance firm Ameritrade did a survey on lottery winners, they discovered a few surprises. While most people expect lottery jackpot winners to spend lavishly, the opposite seemed to be true. Check out the video below and see what the survey revealed.
Read MoreShe used her mind to pick the numbers and the amount, and in 2007 it came true. Cynthia Stafford wanted $112 million from the California Mega Millions lottery, and used her birthdate to get the winning $67 million lump sum payout.
Her trick, she revealed, is that she would 'visualize winning' each time she purchased a ticket, picking whatever random numbers first came to mind. It worked, though unfortunately Cynthia lost it all in 2016 after some bad investments. See how some winners pick their lucky tickets in this video.
It all started in the 1960s, when a poor Romanian accountant came up with a solution for winning the lottery. He had spent every minute he had off work and family life analyzing papers on math and working on his own algorithm. Watch and see how it then went quite wrong for him.
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Callie Rogers, who won £2 million in the EuroMillions lottery aged just 16.
It's no secret that the more tickets you buy in a lottery game, the better your results. But everyone has ups and down times in their financial lives and may find it hard to pay more.
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