Ask the Expert: Are there rules for splitting the Powerball Jackpot?

Money
Photo credit Mykola Sosiukin/GettyImages

The winnings keep getting bigger! The Powerball lottery jackpot amount reaching the second-highest prize in game history - a billion bucks!

So what happens when you buy a ticket for the office or as a group of your closest friends? How do you slice up the cake? Does everyone have to sign the ticket?

On Ask the Expert, Bill Dendy joined the KRLD Afternoon News to discuss some tips on what to do if you go in with others on a Texas Lottery ticket. Bill is a financial advisor Bill Dendy with Raymond James Financial Services, Inc.

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Featured Image Photo Credit: Mykola Sosiukin/GettyImages