Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

The Real Cost of the Lottery

By Lewis Braham - 2012-11-28T21:32:58Z

Photograph by Anne Rippy/Getty Images

Company Symbol % Change
12 of 16


Because lottery jackpots are publicized, charitable organizations will often approach winners and ask for donations. "Charities will call with a specific number in mind," says Boone. "They'll say, 'You have X amount of dollars, and we really think you should give X back to the community that gave you everything you have.'" The pressure to give can be immense, so advisers recommend that winners narrow their selection of charities to a few favorites.