Who gets the lottery winnings in a divorce? Lessons from a million dollar mistake
Denise Rossi won $1.3 million in the lottery, sharing a 6.6 million dollar pot with her co-workers who had gone in on a ticket together. She filed for divorce from her husband 11 days later, ending a 25-year marriage. During the divorce process, Rossi attempted to keep her lottery winnings a secret – a decision that would come back to haunt her.
When the case reached court, the judge found that Rossi had violated financial disclosure laws and acted with fraud or malice to hide assets. Her penalty? The courts awarded the entirety of her lottery winnings to her ex-husband.
Rossi’s case is a cautionary tale for why hiding assets during a divorce is a very bad idea. But it also raises the question of how lottery winnings are divided in divorce. Who gets the jackpot? Read more
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