How a $254M Powerball Ticket Changed This Man's Life
Before Jason Kurland knew it, he was handling $2.5 billion in lottery winnings and had become a national celebrity of sorts.
March 19, 2019 at 01:59 PM
5 minute read
The ticket to the Powerball game that would seal Jason Kurland's fate was sold in Connecticut in 2011. When the six numbers were selected that night, he didn't give it a second thought.
But before Kurland knew it, he had become a national celebrity of sorts. His latest claim to fame? Helping whisk away the $1.5 billion Mega Millions jackpot in South Carolina this month.
So how does Jason Kurland pick those six lucky numbers? And can he tell us which Long Island convenience stores sell the most winning tickets? Well, not from personal experience. Actually, he never plays!
He has found a more sure bet as the country's pre-eminent lottery lawyer. The position comes with a website, Twitter handle and of course the requisite photos of him with the oversized checks. Starting with helping that first Connecticut winner of the $254.2 million in 2011, he has now advised winners of a collective $2.5 billion.
Thelotterylawyer.com got more than 10,000 hits a day in October when the Mega Millions jackpot rose over $1 billion. But even when the fervor died down a bit this month, the website was still attracting a healthy 3,000 views a day.
In May, Kurland joined Long Island-based Rivkin Radler in the real estate, zoning and land use and trusts and estates practice groups. He picked the firm because he wanted to double down on the lottery practice, and the firm did too.
“He adds depth and expertise to our commercial real estate team, especially in regard to hotel development,” said Evan Krinick, managing partner of Rivkin Radler. “And the lottery practice was just a fascinating niche practice which we felt we could help expand with our marketing team and with our expertise in trust, estate and tax areas.”
So what advice does Kurland have for the instant millionaires and occasional billionaire who seek his counsel?
“As soon as someone comes to me, I get the story of their life before they won,” he said in an interview. “And then I help go through the immediate process of what's going to happen. Emotionally just knowing that someone can walk you through it, step by step, so there are no surprises is invaluable. ”
A key decision is whether to remain anonymous.
“ There are pros and cons of both, but I would say having to put your name out there, especially if it's a large jackpot with the nation paying attention, is a very scary thing,” Kurland said.
In most states, including New York, lottery winners cannot remain anonymous. But South Carolina does allow it, and the woman who bought the $1.5 billion ticket decided to do so after hiring Kurland.
“You're going to get bombarded by financial advisers and friends and family coming out of the woodwork,” Kurland says. “Remaining anonymous is also difficult, because you have all this newfound wealth, and if you are going to spend what you can, it's sort of obvious to people.”
To the surprise of most working stiffs, some of Kurland's clients don't want to quit their job immediately. But a lot of them ultimately do, sometimes at the request of the boss who suggests they no longer need the job and are becoming a distraction around the workplace.
What's the first thing a lottery winner should do? Sign the ticket and put it in a secure location such as a safe deposit box. But even signing it can be tricky, because the procedures vary by game and state. If it falls into the wrong hands, it can become the property of its new owner, Kurland warns.
One of Kurland's winners hid a ticket worth $300 million in a Bible for weeks. Another winner with a $250 million ticket was out of town and didn't know about his good fortune. The ticket sat unguarded on the kitchen table until the family's return.
“The biggest mistake people make is doing it on their own,” Kurland says. “All the horror stories you hear is when people do it on their own.”
Winners might, for instance, buy a house or car that's seemingly within their price range but then realize they cannot afford the upkeep. Or they may give out gifts without understanding the tax consequences. Or make charitable contributions without knowing the most advantageous way to donate.
The proper way, Kurland explains, is consulting a tax and estates lawyer, an accountant and a financial planner before even claiming the winnings. But enough of this serious talk.
What's the coolest way any of the lottery winners spread the news?
A gentleman in his 80s bought the same 1920s-era green car in which he'd learned to drive. He then drove it to the house of his brother, who had been his teacher.
And that's how the brother found out his younger sibling had won the lottery.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllTrade Fixtures In New York Eminent Domain Cases - What Qualifies and How Are They Valued?
10 minute readTrending Stories
- 1Attorneys ‘On the Move’: Morrison Cohen Adds White Collar Partner; Corporate/Securities Partner Joins Olshan
- 2Jury Says $118M: Netlist Wins Another Patent Verdict Against Samsung
- 3Big Law Communications, Media Attorneys Brace For Changes Under Trump
- 4Will England Accept that Digital Assets Are ‘Property’?
- 5Congress and Courts Are Considering Litigation Financing: Is Disclosure Imminent?
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250