Whoever is holding the single winning ticket for the $521 Mega Millions jackpot is about to discover the tricky part of winning big: remaining anonymous.
The ticket for Friday night's drawing was purchased in New Jersey, a state that does not allow lottery winners to claim their prize anonomously.
While the winner could claim the prize via a trust, New Jersey lottery officials can release the person's name and home town due to state laws, said Jason Kurland, an attorney with Certilman Balin Adler & Hyman, a law firm in East Meadow, New York.
Only a handful of states let winners remain anonymous when they collect their prize. Yet experts say it's the most important step to take to protect your sudden wealth.
Whether the winner can shield their identity or not, they should assemble a team of professionals who are experienced in helping lottery winners. That includes an attorney — this should be the first call — an accountant and a financial advisor. These experts should be chosen carefully.
Here are some tips for whoever is holding that winning ticket to maintain their privacy as much as possible.