On July 30, 2022, a $1.34 billion jackpot was won in a Mega Millions lottery. As this amount was the second highest recorded in United States history, it is the perfect time to go over the process of winning the lottery, from the luck it requires to how the winnings can be claimed and the disadvantages of winning a lump sum of money with practically no effort.

Every year, between January 1 and April 15, one must file tax returns with the federal government. To aid them with determining the amount of taxes owed for each applicant, the federal government uses income tax brackets to determine the effective tax rate.

Filing your taxes is stressful, but it is more stressful when you're not prepared. Tax planning can take the stress out of filing your taxes and save you thousands.

The earlier you start saving, the more time your money has to grow. Making smart money decisions in your 20's and 30's can make all the difference when you are ready to retire. At an age where you are fresh into your career.