5 Things To Do First If You Win Saturday’s $700 Million Powerball Lottery!
Tonight's Powerball Jackpot is close to $700 million and if you beat the 290 million to one odds and actually win it, there are 5 things you must do first!
Your chances of winning tonight's $700 million Powerball jackpot are about 290 million to one, but that's still a chance, right? When you DO win, here are the first five things you should do, right after you get up off the floor:
1. Sign the back of the ticket. That way no one can steal it and claim THEY won. If you want to be extra careful, you can sign it before the drawing though it might make you feel extra pathetic when you don't win.
2. Resist the urge to tell everyone. Only tell the people you're closest to and maybe not even them. The point is you don't want everyone you know hitting you up for money for the rest of your life. That especially goes for people like your cousin Vinny that does questionable work for a bunch of guys he calls his 'made men'. Just saying'.
3. Hire a money management team. Meaning an estate planner, a financial planner, and an accountant and maybe a security team. You should do it before you even claim the money, because they'll explain why you take the lump sum instead of yearly payments.
4. Don't start buying stuff yet. 44% of lottery winners blow through their entire winnings within five years. (That's mostly if you win something like a million bucks). Wait 6 months before indulging that urge to spend, spend, spend!
And finally here's one more I added: Take care of the guy who wakes you up every morning, and I ain't talking about your husband!