Random Observations On (Local and not so Local) Financial Literacy Topics
April 18, 2014
What To Do When You Win the Lottery
I am always fascinated by folks who win the lottery, and later declare bankruptcy. There are many reasons for it, but I suspect that MOST lottery players are not too savvy with financial matters, so the lack of financial management skills is the kiss of death if they are "lucky" enough to win.
I just came across a very nice slideshow presentation from CNBC (not always the best place to get financial advice) that has some great advice if your do win the lottery: