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Powerball Jackpot At $325 Million Tonight

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I know a number of people who won’t play the lottery unless there is a jackpot of, say, $100 million or so. I guess $80 or $90 million wouldn’t be enough. So those folks will be heading to their local lottery outlet to buy a ticket or two or 10 as the Powerball jackpot has risen to $325 million. What do the mega jackpot winners do with their winnings?

Last March Louisa White of Rohode Island won $336 million with Powerball.

She hired attorneys and formed a trust that would benefit her family, dubbing it Rainbow Sherbert Trust–after the frozen treat she bought while purchasing the winning ticket.

via Ten Biggest Lottery Winners Ever: How They Planned To Spend The Money – Forbes.

Here is what some other big winners did.

Erica Greene of Georgia $331 million–She planned to have someone else call the financial shots for her. ”I’ve studied up on statistics and I am going to have someone handle the money for me,” Greene said. “I’ll make my money work for me instead of blowing it all

Eddie Nabors also of Georgia,shared $390 million–He planned to buy a house for his daughter so that she could move out of her mobile home, pay off mortgages for his mom, sister, and other family members, and buy a fishing boat for his son.

via Ten Biggest Lottery Winners Ever: How They Planned To Spend The Money – Forbes.

For more big winners and how they planned to use their fortunes click here.

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