Tips On Handling A Big Lottery Windfall

May 28th, 2016   ·   Add Your Comment Now...

Winning a large sum of money is always life-changing and not always in a good way.  There abound lots of stories of huge lottery winnings squandered in a short time, changed or lost relationships, and lots or pressure from people – not necessarily just friends and family.

While there are a number of well meaning pieces of advice given, three stand out as most sensible:

  1.  Do not make sudden lifestyle changes;
  2. Seek professional and legal advice; and
  3. Do not broadcast your win to the whole world

Read more in http://www.smh.com.au/money/planning/how-to-handle-a-lottery-win-or-large-inheritance-20160518-goy944.html

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