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Senior Advisor
Posts: 3,228
Registered: ‎04-30-2010
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After You Win The Powerball

If you are the lone winner tonight and take the cash, you'll likely get around $375,000,000.  For most of us, this is more than inheriting grandma's farm.  What do you do?

1.  One bit of advice is sign the ticket so your name is on it and no one else can claim it.

2.  Then, put it in a safe place - no, not there - in a bank vault.

3.  Get some good lawyers and financial advisers.  You can afford them.

4.  Be prepared for letters and visitors asking for help

5.  Remember your old friend Jim Smiley Happy

 

When interviewed, I'll say, "pay off the farm and buy Mother a new car"  (Farm families will know that by "mother" I mean my wife).