Tax and Financial Planning

Signing a ticket personally could also cause detrimental tax consequences that can be avoided. Jackpot Advocates works with a network of professional Tax and Financial Planners with years of experience working with Jackpot Winners across the country, providing a level of care that aligns with our mission, including: 

• Strategic tax planning – Creating a tax plan to help reduce tax liabilities. They optimize each winner’s portfolio across taxable, tax-deferred, and tax-free accounts, taking into account income, capital gains and capital market projections to give winners a complete tax picture. 

• Personalized services – They get to know you and your family to provide solutions based on an intimate knowledge of the winner’s needs, and always act in the winner’s best interest, with good faith in managing and preserving the winner’s assets. 

• Fiduciary Protection – Our Financial Planners are fiduciaries, which is paramount when selecting which financial planner to consult regarding your jackpot win. A fiduciary is ethically bound to act in the winner’s best interest, and avoid conflicts of interest. Building and keeping a winner’s wealth is their primary goal. While hiring a relative may sound like a good idea, a winner would be better served hiring a professional with years of experience in the jackpot industry, who understands the vehicles used to finance jackpot payments. 

• Individualized Plans - The comprehensive approach could include investments, estate planning and even insurance solutions tailored to each specific winner’s needs, securing their family’s financial future.