Smart Steps After Winning the Lottery

Winning the Powerball nine days before Christmas could be the best or worst thing to happen

to you. The first move is signing that ticket immediately and putting it somewhere

secure like a safety deposit box. Do not post about it on social media and do not tell

anyone except maybe your spouse. Before you claim the prize, hire a financial

advisor and an attorney who specialize in lottery winners. Most winners go bankrupt within

three to five years because they make impulsive decisions. Set up a trust if your state allows

anonymous claims to protect your identity. Pay off all debts first,

then invest the majority in low risk portfolios. The Christmas temptation will be huge but