What to do if you win the lottery

With the Powerball now at a billion dollars, what do you do if you in fact have the winning lottery ticket? San Jose State Associate Professor and Former IRA Attorney, Caroline Chen, shares tips in case you come into a large sum of money.
Subscribe to KTVU's RUclips channel:
/ @ktvufox2
KTVU delivers the best in-depth reports, interviews and breaking news coverage in the San Francisco Bay Area and California
Watch KTVU's newscasts on www.ktvu.com/live
Download KTVU's news and weather apps for free at www.ktvu.com/mobile-apps
Subscribe to KTVU's newsletter at www.ktvu.com/newsletters
Follow KTVU on Facebook: / ktvu
Follow KTVU on Twitter: / ktvu
Follow KTVU on Instagram: / ktvu2

[@katouro]

let me win and dont worry what i do with the money

[@shakejones]

Excellent interviewer and interviewee, fabulous you interviewed a woman - and that's coming from a man 🙏🏻

[@nattytafari9669]

I WON ALREADY 😊

[@hubertfaulk7337]

Thank. You. For. Your. Say. Trust,,

[@jasonsmith1143]

take care of my family, pay off all the credit cards, quietly get out CALIFORNIA
move to Australia, Canada, or Singapore

[@XANSEM]

Smart!

[@user-ys2wj2mi8c]

Monaco for me🥱

[@BigTomJeff]

This country was founded on fighting taxes. 1.5 b win 800 taken in tax is some bs

[@jayrama24]

Sounds like extortion or fascism

[@anotheryoutubechannel4809]

Win the lottery? What’s that? Visiting the bay area with out getting robbed, assaulted or worse?

[@grapplerunit]

Lump sum better

[@timedj9164]

The first thing you should do is understand the chances of you winning are like 1 and 300 million.. lol You practically getting scammed everytime you buy the lotto.

[@Keepinspirin]

Somewhat if u look at it that way in a week I managed too win 118$

[@timedj9164]

@@Keepinspirin "Somewhat"? lolz.. Thats why so many people play. It goes right over their head.

[@skr8674]

@@timedj9164Unless you’re the winner! 💰 💰 💰

[@randomperson5817]

What are the odds I am perfectly healthy, born and raised in America, married to my soul mate, 2 healthy beautiful children, and financial blessings and inner peace? I am living beautifully against the odds. I am lucky and blessed and 1/300 million are wonderful odds for life changing money.

[@Kakaaransevyann]

What happened to this old man on his ears is that blood?

[@DBOL69]

😂😂😂. Fr

[@whatcanitellya6075]

You can still invest your money with the annuity payments.... The notion that someone needs to have all that money at once is nonsense! That first annuity payment could set you up for life (thats not even including the subsequent payments ahead)! Virtually all lottery winners, with the exception of a small few, GO BROKE WITH IN 5 YEARS!! IMO, they should've taken the annuity!!!

[@JJ-rf7dg]

Keep it a hush. No-one needs to know. If I can win it, I'd get a lawyer and accountant and keep it a low profile lifestyle. No exotic cars or jewelry . My house would be an above average house in a nice neighborhood.

[@amtrakfan5511]

Yes. Uncle Sam takes like 50%.

[@Keepinspirin]

What it matters it's more money you would ever see in your lifetime babyyyyyyyy

[@grapplerunit]

I’m buying all the parking lots in America

[@berthacordero35]

Lol

[@bonete8780]

If I win, I go help poor kids in Africa, just to be in peace in my mind before I died.

[@ZeckieB]

16 States Where Lottery Jackpot Winners Can Remain Anonymous
Arizona (only for winners of $100,000+, but city and county will be revealed)
Delaware
Illinois (only for winners of $250,000+)
Kansas
Maryland
Minnesota (only for winners of $10,000+)
Mississippi
Missouri
Montana (town or city may be revealed)
New Jersey
New Mexico (only for winners of $10,000+, but you can request anonymity if you have security concerns)
North Dakota
South Carolina
Texas (only for winners of $1 million+)
Virginia (only for winners of $10 million+)
West Virginia (only for winners of $1 million+)
Wyoming

[@BBFLYRISEN]

Also Georgia

[@DanidlFraglie]

I.have.win.tickie.jul.18