Don’t repeat a mistake from this $559 million Powerball winner

Personal Finance

“It’s hard to give blanket advice because all state laws are different, but if you don’t sign the back and someone else gets a hold of it, signs it and turns it in, they’ll get the money,” said Jason Kurland, an attorney at Certilman Balin Adler & Hyman, a law firm in East Meadow, New York.

At the same time, however, this winner’s experience illustrates the importance of turning to trusted experts before doing much of anything if you win a huge amount.

In some states, remaining anonymous is impossible. In others, it’s easy. And in others like New Hampshire, it takes extra planning to protect the winner’s identity.

Here are some other tips for lottery winners.

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