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Bankrate

5 money moves to make if you win the Powerball jackpot

By Kelly Anne Smith

Instead of claiming the winnings right away, a person who hit on all of the numbers might want to consider waiting a few days before going public about winning.

“Coming forward too early can lead to hasty decisions and can make lottery winners targets of crime and greed,” says Nick Holeman, senior financial planner at Betterment.

Yes, it’s exciting to obtain a financial windfall — but it also puts a target on your back for fraud and criminal activity. Be proactive in protecting yourself.

Read the Original Article

This article originally published March 26th, 2019 on Bankrate

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