Who advises overnight lottery millionaires?

barryqwalsh

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Sep 30, 2014
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"By the time I get there [the day after the winners' call], some have already arranged a viewing on a house," he says.

"But the perception is that winners go out and buy a fast car. They don't. They are in shock. They realise they need some help."

He is not allowed to give any financial advice, but he does suggest that winners take a holiday before the spending starts.

He says a tiny minority of winners either go out and blow the cash, or do the opposite and put the money in a bank account and leave it untouched.

"A win does not change people's values around money, it exaggerates them," he says.


Who advises overnight lottery millionaires? - BBC News
 
When I fantasize about it, I would hire a lawyer to handle the transaction, I would remain 100% anonymous and very quickly go on a very long vacation with my family.
 

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