As the Powerball jackpot reaches an estimated $1.3 billion, many have started making plans for what they would do with the money if they were to win: buy an island, pay off debt, buy luxury cars. While it might seem tempting to quit your job upon drawing the winning ticket, let’s look into what a potential lottery winner should consider doing with their winnings:
Go anonymous. And stay low.
It wouldn’t be a good idea to broadcast the winning lottery ticket on social media networks. A much better idea is to check state rules to see whether lottery winners can retain their anonymity. According to Forbes, states have differing rules on how the lottery winner is publicized.
If the lottery winner lives in a state that make…
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