Current:Home > ContactCharles H. Sloan-Lottery scams to watch out for as Powerball, Mega Millions jackpots soars -Wealth Evolution Experts
Charles H. Sloan-Lottery scams to watch out for as Powerball, Mega Millions jackpots soars
SignalHub Quantitative Think Tank Center View
Date:2025-04-06 20:21:43
As the Powerball and Charles H. SloanMega Millions jackpots grow larger, people buying lottery tickets should be on the lookout for scams.
The Powerball jackpot climbed to an estimated $875 million after there were no winners in Wednesday night's drawing. The estimated jackpot for the next Mega Millions drawing slated for Friday night is up to $560 million.
More than 460,000 Americans reported losing a total of more than $330 million to lottery-related scams over a recent three-year period, according to the Better Business Bureau. There are common scams to be on the lookout for while playing the lottery.
The scams usually involve getting a call, email or letter saying you won a sweepstakes, lottery, or prize, according to the Federal Trade Commission. If you didn't buy a ticket, ignore any notices saying you've won the lottery. If you did play, there are prize scams to look out for, including being asked to pay in order to get prizes.
"Do not send money! If you are asked to pay a fee to claim a prize, you are likely being scammed," Powerball notes on its website. "This includes cashier's checks, money orders or any type of prepaid card."
Scammers will often ask people to pay this way because it's hard to track who the money went to, according to the FTC. It's also almost impossible for victims to get their money back.
The agency and lotteries say players should never share personal or financial information. Scammers will try to get the information by offering to wire prize money directly into your bank account.
According to Powerball, lotteries will never contact players via email or social media to tell them that they've won a prize unless they've specifically entered an official lottery promotion or contest. People should never accept a collect call from someone claiming to be a lottery official.
If you get a lottery message in the mail, the FTC advises checking the postmark on the envelope or postcard. If it was mailed by bulk rate, it means many other people got the same lottery notice. People can also head online and search for lottery messages to see if other people have received similar notices.
A message saying you've won a foreign lottery is likely a scam because it's against federal law for U.S. citizens to participate in a foreign lottery.
If you think you're being scammed, you can call the lottery in your jurisdiction and ask for the security department. You can also report it to consumer protection offices and law enforcement agencies.
Aliza ChasanAliza Chasan is a digital producer at 60 Minutes and CBS News.
TwitterveryGood! (3)
Related
- 'Most Whopper
- Demolition crews cutting into first pieces of Baltimore bridge as ship remains in rubble
- Gunmen in Ecuador kill 9, injure 10 others in attack in coastal city of Guayaquil as violence surges
- New $20 minimum wage for fast food workers in California set to start Monday
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Crews at Baltimore bridge collapse continue meticulous work of removing twisted steel and concrete
- 3 Social Security rules you need to know before claiming benefits
- How to watch Iowa vs LSU Monday: Time, TV for Women's NCAA Tournament Elite 8 game
- Trump issues order to ban transgender troops from serving openly in the military
- Fulton County DA Fani Willis plans to take a lead role in trying Trump case
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Virginia Seeks Millions of Dollars in Federal Funds Aimed at Reducing Pollution and Electrifying Transportation and Buildings
- The Bachelor’s Joey and Kelsey Reveal They’ve Nailed Down One Crucial Wedding Detail
- Police fatally shoot Florida man in Miami suburb
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- State taxes: How to save with credits on state returns
- Age vs. Excellence. Can Illinois find way to knock off UConn in major March Madness upset?
- How Nick Cannon and His Kids Celebrated Easter 2024
Recommendation
The company planning a successor to Concorde makes its first supersonic test
Leah Remini earns college degree at age 53: It's never too late to continue your education
In setback to Turkey’s Erdogan, opposition makes huge gains in local election
Untangling Everything Jax Taylor and Brittany Cartwright Have Said About Their Breakup
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Everything's Bigger: See the Texas Rangers' World Series rings by Jason of Beverly Hills
The wait is over. Purdue defeats Tennessee for its first trip to Final Four since 1980
How Nick Cannon and His Kids Celebrated Easter 2024