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I’m processing my $1.35 billion lottery win – I’ve already lost half the fortune and my father has turned against me

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A LOT winner embroiled in a lawsuit after winning a $1.35 billion jackpot has been accused of going back on promises made to his father.

The man, from Maine, took home $500 million after taxes after winning Mega Millions.

A lottery winner is embroiled in a legal dispute after winning a $1.35 billion prize

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A lottery winner is embroiled in a legal dispute after winning a $1.35 billion prizeCredit: Getty

He bought the ticket in his hometown Gas and Grill in Lebanon, near the New Hampshire border, and came forward to claim his prize in February 2023.

In court documents filed last year, he accused his son’s mother of telling the family about his big win.

But the winner’s father, a former police chief, claimed his son told him about his lottery success, for court documents seen by The US Sun.

He also claimed that his son told him where the money would go and how it would be spent.

“I made the mistake of telling my dad I won the lottery without him signing a confidentiality agreement,” said the winner.

The winner’s father claimed his son told him he was going to build a new garage and buy cars.

This is despite the father’s claims that he never asked his son for money.

He also alleged that his son told him he wanted to create a $1 million trust fund for him and that he would have access to 24-hour care.

The father expressed some skepticism when questioning his son about the need for a trust fund.

He claimed his son became upset after being asked about taxes.

The father claimed that his son did not fulfill what he had promised.

I thought I pocketed $4 from the Powerball lottery, but it was a mistake – the employee whispered that I won 12,500 times the amount

“He got angry, calling me a ‘dictator’ and an ‘idiot,’” he alleged in the court papers.

The revelations came months after the winner filed a lawsuit against the mother of his child, who was named under the pseudonym Sara Smith.

The winner accused his wife of telling her family about his big win.

Top US Lottery Winners

Millions dream of winning the lottery and finding fame and fortune. These are the biggest winners in US lottery history.

  • Edwin Castro – $2.04 billion, Powerball, November 8, 2022, California.
  • Theodorus Struyck – $1.765 billion, Powerball, October 11, 2023, California.
  • Unknown Winner – $1.602 Billion, Mega Millions, August 8, 2023, Florida.
  • Marvin and Mae Acosta of Los Angeles, California, John and Lisa Robinson of Munford, Tennessee, and Maureen Smith and David Kaltschmidt of Melbourne Beach, Florida – $1.586 billion, Powerball, January 13, 2016.
  • Unknown Winner – $1.537 Billion, Mega Millions, October 23, 2018, from South Carolina.
  • Winner unknown – he sued his child’s mother to keep his identity hidden – $1.348 billion, Mega Millions, January 13, 2023, from Maine.
  • Unknown Winner – $1.337 Billion, Mega Millions, July 29, 2022, from Illinois.
  • Cheng and Duanpen Saephan and Laiza Liem Chao – $1.326 billion, Powerball, April 7, 2024, from Oregon.
  • Yanira Álvarez – $1.08 billion Powerball, July 19, 2023 in California.
  • Wolverine FLL Lottery Club – $1.05 Billion, Mega Millions, January 22, 2021, from Michigan.
  • Winner unknown – $842.4 million Powerball, January 1, 2024, from Michigan.

He claimed she violated a non-disclosure agreement she signed to keep her big win secret until June 2032.

This would be in line with your daughter turning 18.

The non-disclosure agreement was designed to ensure the safety of the winner, according to court documents.

And it would help prevent “irreparable harm” from occurring, according to the legal documents.

But the woman claimed she did not tell the winner’s family how the winnings could be spent.

In another set of court documents seen by The US Sun, the winner’s stepmother claimed he told her that she and her father would not have to go to a nursing home.

She also claimed the winner and her father went to see a new car.

But she said the car was never purchased.

The stepmother was reportedly excited about building a porch on her house.

She claimed that she was told it would take a long time to get the money of earnings.

The stepmother admitted that she didn’t know how long it would take to get the money she was promised.

The lottery winner chose to claim their prize by receiving a fixed amount.

He remained anonymous and the prize was claimed through a limited liability company.

Players must defy odds of one in 302.6 million to win the jackpot.

But the winner was hit with state and federal taxes.

More than $170 million went to the federal government.

About $50 million was deducted from the prize in state taxes.

Alternatively, Mega Millions winners can claim their prize in installments over 29 years.

Lawyers representing the winner and the mother of his child have been contacted for comment.

Lottery winnings: lump sum or annual fee?

Players who win big on lottery tickets often have a choice to make: lump sum or annual fee?

Both payment methods can affect how much money you receive from your prize.

Annuities are paid slowly in increments, usually over 30 years.

Lump sums are paid all at once, but in smaller amounts since taxes are withheld all at once. This means 24% of your prize goes to Uncle Sam immediately. Many states also tax earnings.

Annuities can give winners time to create the financial infrastructure necessary to receive a life-changing amount of money, but lump sums have the advantage of being taxed only once.

It’s also worth considering inflation when making a choice, as payments don’t adjust to the value of a dollar. This means you will likely receive less valuable money at the end of an annuity.

Each state and game pays prizes differently, so it’s best to check with your state’s lottery to confirm payment policies. A financial advisor can also help you weigh the pros and cons of each option.

Experts have differing opinions on the possibility of get the lump sum or take the annual fee.



This story originally appeared on The-sun.com read the full story

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