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Winners who take the time to plan their next move will help ensure that bankruptcy isn’t the end result of winning a huge lottery windfall. Here are some expert tips. Seek Professional Advice
Winning the lottery is incredibly rare, but someone has to win. If you’re one of the lucky ones, the financial windfall can be life-changing. But winning the lottery isn’t an instant ticket to ...
Lottery jackpots can reach epic heights. Case in point: the Mega Millions jackpot that surpassed $1.2 billion after the Tues, August 1 drawing. Someone (or some people) will win eventually, and the...
Image credits: Civil_Wrongz Some people might experience the so-called “lottery curse” after winning a large sum of money. Unfortunately, there are plenty of stories of lottery winners ...
Otherwise, in cases of lottery winners, sudden inheritances, and trading of cryptocurrencies, educating oneself is highly recommended by professionals and wealth psychologists. [15] By researching how to budget and save, understanding the investment basics, and overall gaining financial literacy, a recipient may feel more comfortable and ...
Lustig's seven lottery wins have been featured on the financial web site CNN Money. [7] His book Learn How to Increase Your Chances of Winning the Lottery was ranked #3 on Amazon's self-help book list in 2013. [2] In an interview with ABC News, Lustig explained that his method is to re-invest all of his winnings back into the lottery.
The winner of the record-breaking $2 billion Powerball prize is breaking every financial planning rule in the book. Edwin Castro is buying up California real estate since winning the lottery in ...
California Powerball lottery winners Mae and Marvin Acosta did just that when they were among the three winners of a $1.6 million jackpot. They met with multiple advisors who helped them decide on ...