Entering the lottery? Here's what you should do if you win $1.5B

Рет қаралды 17,584

Күн бұрын

Two people in Georgia won $1M in the Wednesday's Powerball drawing, but the jackpot - a grand prize worth $1.5B and rising - is still on the table. We asked a financial expert what you should do if you win.

Пікірлер: 18

@dayneholt4149 Жыл бұрын

Something that is seldom discussed is age of winners. If your 70 plus years old your strategy will differ compared to a 30 year old.😊

@3Dimensional3 Жыл бұрын

Estate Lawyer, Financial Advisor, Accountant, Defense Attorney

@qwho7905 7 ай бұрын

When a person starts playing the lottery, they should be planning from the beginning. In my opinion, the reason some of the winners end up bankrupt is because the win came unexpectedly, they made first decisions on the fly. Whereas someone who has been expecting to win probably has put some thought into who to call and what to do

@bonniehalf-elven Жыл бұрын

Everyone thinks they're smart enough with money, yet too many are broke in five years. You need a tax pro, a financial advisor (though I would not recommend NW Mutual. Don't do your investing through an insurance company.) You will need a lawyer, especially if you're in a state that does not allow you to claim anonymously to see if there's a workaround. You will need more liability insurance, too. Vet these people carefully. Ultimately YOU make the decisions. They are there to advise and implement your strategies.

@peterfong2241 Жыл бұрын

Ahahahaha financial adviser, am my own adviser, no one is going to rob me, I already have my plans years ago in tack an waiting on the jackpot !!

@3Dimensional3 Жыл бұрын

Very smart, plan ahead

@Fourtune1 23 күн бұрын

Don’t go with Northwestern 😂 Get a real advisor from JP Morgan or Goldman Sachs

@moneyaddictassociation9548 10 ай бұрын

Thank You Father 🙏🏿

@sbsk2526 9 ай бұрын

The lady said putting a down payment on a house lol 😂.. A billion dollar jackpot winner WONT put any down payment and get a loan and pay loan interests, they will buy the house outright in Cash.

@tif78 Жыл бұрын

If I win,never get finacial adviser.i will live with the interest then interest can use to help many people who needs help and relatives is the number 1.