$1.3 Billion – cash option is $806 million.
I’ve seen dozens of those “What would you do” segments for this jackpot and others, and the answers are always the same: Help family, give some to friends, give to the church, built a custom made home, give to a charity, feed the hungry, help the homeless, etc. etc. etc.
I’ve also heard people say they would call in the next day and quit their job. Well, it takes at least 30 days to actually collect.
The first thing to do is take a few deep breaths and keep your mouth shut.
The truth is most people have no concept of that kind of money. It’s mind-boggling. One would have to hire security for yourself and loved ones. There are so many nuts out there. Add to that people who you think you can trust, but shouldn't.
There was a story a couple years ago about a young woman who won something like $100M. She lived in one of the many states where you cannot remain anonymous. She had to get security for protection.
I'm not saying winner should become a hermit and live an isolated life, but I'd sure be very, very careful.
