Current:Home > StocksRekubit-Lottery scams to watch out for as Powerball, Mega Millions jackpots soars -AssetLink
Rekubit-Lottery scams to watch out for as Powerball, Mega Millions jackpots soars
Algosensey View
Date:2025-04-08 19:24:11
As the Powerball and RekubitMega 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! (337)
Related
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Over $30M worth of Funkos are being dumped
- A Silicon Valley lender collapsed after a run on the bank. Here's what to know
- How a civil war erupted at Fox News after the 2020 election
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- General Motors is offering buyouts in an effort to cut $2 billion in costs
- In Pennsylvania’s Hotly Contested 17th Congressional District, Climate Change Takes a Backseat to Jobs and Economic Development
- How Does a Utility Turn a Net-Zero Vision into Reality? That’s What They’re Arguing About in Minnesota
- Travis Hunter, the 2
- Russia says Moscow and Crimea hit by Ukrainian drones while Russian forces bombard Ukraine’s south
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Boy, 10, suffers serious injuries after being thrown from Illinois carnival ride
- Warming Trends: Americans’ Alarm Grows About Climate Change, a Plant-Based Diet Packs a Double Carbon Whammy, and Making Hay from Plastic India
- Here Are 15 LGBTQ+ Books to Read During Pride
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- A multiverse of 'Everything Everywhere' props are auctioned, raising $555K for charity
- Rihanna Steps Down as CEO of Savage X Fenty, Takes on New Role
- A new Ford patent imagines a future in which self-driving cars repossess themselves
Recommendation
Current, future North Carolina governor’s challenge of power
Chris Martin and Dakota Johnson's Love Story Is Some Fairytale Bliss
Early Amazon Prime Day Deal: Shop the Best On-Sale Yankee Candles With 41,300+ 5-Star Reviews
NYC Mayor Eric Adams is telling stores to have customers remove their face masks
The Super Bowl could end in a 'three
Inside Clean Energy: What Lauren Boebert Gets Wrong About Pueblo and Paris
Doctors created a primary care clinic as their former hospital struggled
Shein lawsuit accuses fast-fashion site of RICO violations