Discover how Manfred Sternberg and Associates can help you through estate planning and commercial litigation. We serve businesses, corporate and partnership clients in Greater Houston and throughout Texas, including such communities as Bellaire, River Oaks, Galleria, Clear Lake, Galveston, Pearland, Katy, Sugar Land, Spring, Tomball, The Woodlands, Montgomery, Alvin, Conroe, Kingwood, Humble, Harris County, Fort Bend County, Montgomery County, Brazoria County and Galveston County.

Discover how Manfred Sternberg and Associates can help you through estate planning and commercial litigation. We serve businesses, corporate and partnership clients in Greater Houston and throughout Texas, including such communities as Bellaire, River Oaks, Galleria, Clear Lake, Galveston, Pearland, Katy, Sugar Land, Spring, Tomball, The Woodlands, Montgomery, Alvin, Conroe, Kingwood, Humble, Harris County, Fort Bend County, Montgomery County, Brazoria County and Galveston County. 

While lottery winners do not have to have an attorney to claim their tickets, having an experienced attorney representing you will help you avoid mistakes you will later regret as they significantly affect your fortune. And having a legal team taking each step with you can help you walk through this extremely daunting process with excitement rather than fear and worry.
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Lotteries have often been called a “tax on the poor,” and for good reason. The majority of lottery ticket buyers are in the lower income tax brackets. Often less educated about finances and less likely to save money for retirement, these lottery players don’t view the expense of a few lottery tickets as a major cash outlay. However, this couldn’t be further from the truth. In the long run, spending money on tickets that never win costs players more than just the face value of the tickets and prevents many people from ever getting out of debt.

Did Anyone Win the Lottery


This article focuses on the Powerball lottery, the largest lottery in the United States. Available in 42 states, Washington D.C., and the U.S. Virgin Islands, Powerball always has a jackpot of at least $20 million and has drawings twice a week. It is made up of five sets of 59 numerical white balls and one set of 39 red “Powerballs,” which make up the winning number combinations for each drawing.

This article focuses on the Powerball lottery, the largest lottery in the United States. Available in 42 states, Washington D.C., and the U.S. Virgin Islands, Powerball always has a jackpot of at least $20 million and has drawings twice a week. It is made up of five sets of 59 numerical white balls and one set of 39 red “Powerballs,” which make up the winning number combinations for each drawing.

In the Mega Millions multi-state lottery, jackpots are split equally among all winners who match all numbers. If a player could ensure that he wouldn't have to split the jackpot, Mega Millions becomes a smart bet whenever the jackpot exceeds about $420 million, but this calculation doesn't account for the possibility of a split jackpot. It has been theorized that the ticket buying frenzies as the jackpot rises increases the likelihood of multiple winners sufficiently that the jackpot can never get large enough to give a ticket a positive expected value.[5]

Florida Lottery Winning Numbers


Learning more about the odds of winning a big jackpot may not be enough to discourage you from buying daily or weekly lottery tickets. Perhaps talking about the true financial cost of those tickets will help dissuade you from buying tickets. Most people do not like wasting money, but many will spend a small fortune on lottery tickets in their lifetimes, which is unlikely to ever pay off.

In the Mega Millions multi-state lottery, jackpots are split equally among all winners who match all numbers. If a player could ensure that he wouldn't have to split the jackpot, Mega Millions becomes a smart bet whenever the jackpot exceeds about $420 million, but this calculation doesn't account for the possibility of a split jackpot. It has been theorized that the ticket buying frenzies as the jackpot rises increases the likelihood of multiple winners sufficiently that the jackpot can never get large enough to give a ticket a positive expected value.[5]

Maryland Winning Lottery Numbers


Buying lottery tickets for fun once in a while won’t break the bank. Playing with money you don’t have, or that you will need later on, however, is a recipe for disaster. For those who decide to play responsibly, the good news is that a portion of the money that goes towards state lotteries is used for education and children’s programs. The only responsible way to play the lottery is to do so occasionally for fun, without any expectation of winning. When it turns into something else, you know it’s time to stop.
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Fla Lottery Winning Numbers


Buying lottery tickets for fun once in a while won’t break the bank. Playing with money you don’t have, or that you will need later on, however, is a recipe for disaster. For those who decide to play responsibly, the good news is that a portion of the money that goes towards state lotteries is used for education and children’s programs. The only responsible way to play the lottery is to do so occasionally for fun, without any expectation of winning. When it turns into something else, you know it’s time to stop.

Illinois Lottery Winning Numbers


I can not begin to tell you how much I appreciate the time and effort you took yesterday to advise and assist me in this real estate fiasco I am experiencing. You are very easy to talk to and very comfortable in manner, which made it easy to talk to you and explain my circumstances. I truly appreciate your thoughtful consideration in trying to make me feel better about the decisions I have made. I have taken everything you suggested under advisement and I plan to follow exactly. I look forward to taking a little break from the stress and will ponder the direction I will take from here. Again, a most sincere thank you for your help and assistance. You certainly can tell you enjoy your profession and you definitely have been of great service to me. Again, thank you!
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