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Cashing In Q&A columns

Guide to the lottery, credit cards and what winning means

Summary

Giant lotto jackpots inspire big dreams of living large. Here’s what you need to know about buying that ticket, and the ups and downs of actually winning

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Guide to the lottery, credit cards and what it means to win

Giant Powerball jackpots raise fevered dreams of debt-free luxury living, following one’s passions and giving back in very meaningful ways. The following stories provide a reality check on the pros and cons of winning (yes, there are cons), whether you can buy a lottery ticket with a credit card and what you should do if you really do beat all the odds and win.

5 reasons you don't really want to win all that lottery money

 

 

5 reasons you don’t really want to win the lottery

 

 

Buy lottery tickets with a credit card? Maybe

 

 

Buy lottery tickets with a credit card? Probably not

 

 

6 steps to handle a sudden financial windfall

 

 

6 steps to handle a sudden financial windfall

 

 

See related:States limit welfare, food stamp debit cards to ban ‘sin’ purchases, Don’t blow your inheritance, Better off broke: Why some choose poverty over wealth

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Published: January 12, 2016

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Credit Card Rate Report Updated: May 23rd, 2019
Business
15.61%
Airline
17.50%
Cash Back
17.60%
Reward
17.62%
Student
17.79%

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