What to Do If You Win the Lottery (And Why It Matters Even If You Don't)

What would you do if you won the lottery tomorrow? Americans spent over $100 billion on lottery tickets in 2024, but sudden money doesn't equal financial security without the right plan. In this episode, Meghan and Maddie break down the exact steps to take if you receive a windfall - from pausing before making any moves to building your advisory team, understanding taxes, and creating a sustainable plan. Plus, they share what THEY would actually do if they won (including the fun splurges and hard decisions). Whether you play the lottery, are expecting an inheritance, or just love "what if" scenarios, these principles apply to any windfall.

What You'll Learn:

• The biggest mistake lottery winners make (and how to avoid it)
• How to set boundaries when everyone wants a piece
• Why these principles work for ANY windfall (bonus, inheritance, etc.)

Resources Mentioned:

• Budget Builder
• Investing Made Simple Guide

The best financial decisions are rarely made in a rush. Take your time, get good advice, and let your values lead.

Read the full Show Notes Here!

 

Thanks to our sponsor:

 

• Rakuten

 

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