Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

10 Frauds Seniors Are Often Confronted With

December 6, 2019 · Personal finance
A woman holding a suspicious letter near a recycling bin in a bright hallway.
A senior woman looks skeptically at a bright blue envelope while standing next to her recycling bin.

7. Sweepstakes and Lottery Scams

The premise of the sweepstakes scam is simple but highly effective. You receive a phone call, an ornate letter, or an email enthusiastically declaring that you have won a massive international lottery or the Publishers Clearing House grand prize. The notification includes convincing details, perhaps even referencing a fake confirmation code.

However, there is a catch: before the organizers can release your millions, you must pay upfront fees to cover taxes, insurance, or customs duties. The scammer promises that this small upfront payment will be reimbursed once the winnings are delivered. After you send the first payment, they invent new fees, continuously draining your accounts until you run out of money or realize the truth.

The universal rule for combating this fraud is straightforward: you never have to pay money to win money. Legitimate lotteries and sweepstakes deduct taxes directly from the winnings before distribution; they do not ask you to front the cash. Furthermore, you cannot win a lottery you did not intentionally enter.

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • An older man with drafting tools overlooks a landscape labeled with ages 60, 70, and 80 along mountain ridges. 401(k) Mistakes Retirees in Their 80s Wish They'd Avoided
  • An older couple sits on the tailgate of a pickup truck holding mugs and overlooking a small valley town at sunset. 8 States Where $250,000 Is Enough for a Comfortable Retirement
  • A smiling senior man in a life jacket paddles a green kayak across a misty lake at sunrise near a wooden dock. 15 Affordable Retirement Towns Near Lakes and Rivers
  • A smiling older man walks a brown Labrador and a black-and-white border collie along a paved park path. 10 Side Gigs for Retirees Who Love Animals
  • Older adults smiling and passing food at an outdoor community dinner in front of a brick town hall at sunset. 11 Affordable Retirement Towns With Active Social Calendars
  • Illustration of an older couple walking past kiosks for pharmacy care, public transit, and residential property savings. 11 Senior Discount Programs Launching or Expanding in 2027
  • Illustration of an open hand catching a gold coin beside a bank vault blueprint against a split city and night sky. 11 Windfalls Retirees Can Receive and How They Are Taxed
  • A senior Asian male baker in a flour-dusted apron arranges fresh sourdough loaves on a bakery counter. The 2027 Social Security Update That Benefits Some Working Retirees
  • A plant grows out of an open government envelope toward a sun reading Saver's Match $1,000 in a landscape. IRS Notices Are Going Out About a $1,000 Retirement Match – Are You Eligible?
  • Watercolor illustration of an expanding file organizer with folders labeled Living Trust, Directives, and Deeds on a desk. 9 Legal Papers Every Retiree Should Update This Year

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

An older couple plans their retirement at a sunny wooden table with maps.

10 Ways Retirees Supplement Their Pension Income

Discover ten actionable, practical strategies to supplement your pension income, from optimizing Social Security benefits…

Read More →

20 Essential Tax Breaks Every Senior Should Know About

Maximize your retirement income by exploring 20 essential tax breaks, deductions, and financial strategies specifically…

Read More →

7 Essential Tips for Seniors in These Uncertain Times for Economy

6. Weigh reverse mortgage pros and cons When you’re at or nearing the end of…

Read More →

10 Retirement Financial Milestones You Need to Achieve by Age 50

401(k): Reduced fees If you don’t know where your money is going, you might be…

Read More →
A retired couple looking out a window in their bright, downsized modern home.

11 Mistakes to Avoid When Downsizing Your Home

Discover the most common physical, financial, and emotional mistakes retirees make when downsizing their homes,…

Read More →
10 Things Teachers Should Know About Their Pension Before Retiring

10 Things Teachers Should Know About Their Pension Before Retiring

Learn the 10 essential teacher pension facts before retiring, including payout options, survivor benefits, tax…

Read More →
A senior man in glasses opens mail marked "Important Tax Return Document Enclosed" inside a home entryway.

9 Tax Forms Retirees Should Expect in the Mail

Discover the 9 essential tax forms retirees should expect in the mail, including delivery deadlines,…

Read More →
An older man in a denim jacket organizes hardware behind a store counter beside a shift schedule notebook.

What Happens to Your Social Security If You Work Part-Time After 65

Discover how working part-time after 65 affects your Social Security benefits, including the earnings test…

Read More →

8 Reasons Your Retirement Will Be Tougher Than You Expect

7. Folks might have to retire sooner than they hoped You might want to work…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

About Us

Editorial Policy

Advertiser Disclosure

Frequently Asked Questions

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.