Mega Millions Jackpot Reaches $530 Million—Here’s What Kevin O’Leary, Suze Orman and Other Experts Say to do if You Win


Elizabeth Glasgow discussed how to properly protect yourself and your wealth if you win a jackpot, including working with a trusted financial professional and understanding how gifts are taxed. “If you had a big winning and say, ‘Mom, I love you, here is your $20 million reward for having done so much for me in my lifetime,’ while that was incredibly generous, it’s important to understand that has a big gift tax consequence that you have to pay.”