Attorney offers advice for those playing for the Powerball jackp

Attorney offers advice for those playing for the Powerball jackpot

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Everyone is dreaming about what they could do with tonight's record breaking $550 million jackpot.

Tickets are selling at record pace with 130,000 sold every minute.

Whether you are buying a ticket or throwing money in the office pool, we have some important information you need to know.

Office pools can be tricky. Someone could be unhappy with the deal and file a lawsuit.

Attorney Randy Howry suggests typing out a detailed agreement with information such as how much each person will pay, how the money will be disbursed, how the lotto numbers will be selected, will taxes be taken out of winnings and who will purchase the tickets. Then make copies of the agreement and make sure every participant has one.

"The times when folks have problems with office lottery pools is when they didn't have a written lottery agreement and theirs definition on who's playing others want to jump in at the last minute. With this much money a lot of things could go wrong so you need to plan for worst case scenario," said Howry.

Texas has never had a jackpot winner, but maybe that could change. If you win, make sure to keep it quiet and contact a lawyer. Tickets are being sold until 9 p.m. The drawing will be at 10 p.m. If no one wins this jackpot, it will go up to $900 million.

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