How do Lottery winners cash those big A checks?

Question

No bank would have the ca$h on hand to match one of those babies. They also would not be able to set up a normal bank account since most banks only insure accounts up to $100k.

Answer 1

Those big checks are replaced with normal sized checks before cashing them.

Answer 2

lol i looked it up and found this. evidently they have to have a special account set up...

"Arrange for a special account at the bank. You can't just deposit millions into your plain ol' checking account. And they don't really give you a paper check with a lot of zeroes. They give you the money by a wire transfer to your pre-arranged special account, says Sockman."

Answer 3

THEY PUT THEM IN PRIVATE BANKS THAT HANDLE HIGH NET WORTH INDIVIDUALS.

http://en.wikipedia.org/wiki/Private_ban...

THE BIG CHECKS THEY GET ARE TO HANG ON THE WALL. THEN THEY GIVE THEM A REGULAR SIZED CHECK.