CHICOPEE, Mass. (WWLP) - The Powerball jackpot has surged to an estimated $1.7 billion after no one won the latest drawing, marking one of the largest lottery prizes in history.
With 41 consecutive drawings without a big winner, the anticipation continues to build for the next Powerball drawing scheduled for Saturday night.
Mark Teed, Senior Vice President of Investments at Raymond James and Associates, advises winners to protect their privacy and consider forming a blind trust to receive the money without revealing their identity.
Teed emphasizes the importance of keeping the news of winning to oneself as much as possible before turning in the ticket. He also recommends hiring an accountant and a financial advisor to help manage the newfound wealth. Teed says, "If they came to me, I co