The $315 million Powerball winner should avoid making these basic mistakes

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First up, say experts, is trying to protect your identity. However, the ticket was purchased in New Jersey, a state that does not allow lottery winners to claim their prize anonomously.

While the winner could claim the cash via a trust, New Jersey lottery officials can release the person’s name and home town according 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.



Source : CNBC