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Oct 4, 2022 · Simply put, lottery winners lose their anonymity once they claim their prize. In Canada, provincial lottery corporations have rules requiring winners to have their photo taken and publicize their name, city of residence, occupation, marital status, and more. The BC Lottery Corporation (BCLC) says it does this for transparency and promotion.
- Isabelle Docto
Sep 27, 2023 · Find out how you can still connect with us. WATCH: The winning ticket for the record-breaking $68-million Lotto 6/49 Gold Ball jackpot was sold in Toronto – Sep 28, 2023. With $68 million up for ...
Sep 12, 2024 · For winners of larger prizes, the OLG will also include the winner’s photo. For winners of really large prizes, such as of $50,000 or more, the OLG will also issue a news release. (This is how news media are able to write articles about lottery winners and run their photos in newspapers, websites and TV news coverage). Group winners
- Stop, Think and Breathe
- Sign The Winning Ticket and Hide It in A Secure Spot
- Don’T Advertise Your Win to Everyone on Your Contact List
- Get A Financial Advisor, Or Lawyer, and Draw Up A Plan
- Turn in Your Ticket, Claim Your Prize, and Change Your Contact Info
- Let Your Money Chill in The Bank
So, you just found out you have a winning lottery ticket? Before you go to claim your prize, Desbiens advises you to stop, think, and breathe. “Just take a pause and a moment, a real moment to sort of figure out what just happened,” he said. The Exponent Investment Management advisor says that based on feedback from his clients who have won the lot...
Where not to leave your ticket: 1. In your car 2. In your wallet (which is easy to misplace) 3. Somewhere in your house (where it could also easily be misplaced) Desbiens recommends opening a safety deposit box at your bank and stashing the ticket there until you have a plan and are ready to claim the prize. It may sound extreme, but if you’re the ...
After you’ve come to terms with the life-changing win, and have hidden your ticket, you may want to call all of your friends and family to give them the good news. Desbiens advises that you resist the temptation to do this. “I think that’s a very important piece of the puzzle,” he explained. “Until you’re actually ready to deal with it, I would kee...
Desbiens says the next step is to meet with a financial advisor, lawyer, accountant, or all three if you have access to them. He highly recommends that you draw up a short-, medium-, and long-term financial plan even before claiming your prize (which you can claim at any time). This might include a gifting strategy, investments, and a retirement pl...
Once you’ve claimed your prize, and have done all of the necessary PR for the provincial lottery commission (which can be anything from an article onlineto a video on Instagram), you can kiss your anonymity goodbye. This is why Desbiens advises winners to change their contact information like phone numbers, emails, and social media if they can. He ...
The first thing you should do after you collect your winnings is immediately deposit them in the bank. After that, Desbiens actually recommends that you refrain from taking any immediate, big financial actions. He says that banks will probably insist you meet the branch manager, or specialists, but stresses that they won’t have your interests in mi...
- Isabelle Docto
In “Becoming a Winner But Staying the Same: Identities and Consumption of Lottery Winners” (2011), Bengt Larsson found that, contrary to the myth of lottery winners escaping current ...
Jan 10, 2020 · Randall Rush had advice for whoever won the recent $70 million Lotto Max jackpot. Winning $70M Lotto Max jackpot ticket was sold in Brampton, Ont. "As tough as it may be, just get out of dodge ...
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Jan 31, 2024 · If you win a jackpot, you will claim it at your state’s lottery office. Before you do so, there are things you should do: 1. Safeguard the ticket. Sign the back of the ticket immediately and ...
