The ML Show: What To Do If You Win The Lotto

Transcript

00:00So here's what you do.

00:01If you win, like, let's say you legit won the Powerball, right?

00:06What do you do?

00:07So first thing you want to do, Loren, is prove that the ticket is yours.

00:11So you take a selfie or have someone take a picture with you holding the ticket.

00:16Then it says keep it on the download.

00:18Don't go bragging on social media.

00:21They say that what you should do is then hire a team of professionals to manage your money.

00:26What kind of professionals?

00:27A financial advisor, an attorney, have them act as a buffer for all those people who are coming to you to ask for money.

00:38Don't accept the prize money right away, no matter how excited you are to deposit that huge check into your bank account.

00:44A specialist from North Carolina's educational lottery suggests holding out as long as possible.

00:48One of the biggest things we urge players to do is to take their time, she said.

00:52Prize claim claim, prize claim policies may vary in each state, but in North Carolina, you have 180 days to claim the prize.

01:00I couldn't wait that long.

01:01I knew that money would burn a hole in my pocket.

01:07I would knock Kathleen Jacob down getting to the bank.

01:11Excuse me, excuse me, pardon me.

01:13I'm so glad that it was here.