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Sep 27, 2023 · According to Stephan Desbiens of Exponent Investment Management, the very first thing to do is stop, think and breathe. “Just to try to really understand the moment that you’re in and...
The first thing you should do after you collect your winnings is immediately deposit them in the bank. After that, Desbiens recommends that you refrain from taking immediate, significant financial actions.
- Isabelle Docto
If you want to retain your lottery winnings and use them wisely, here are some things you can do with them: Pay off your debts: Credit card debt weighing you down with interest? Pay it off with your lottery winnings.
Jul 19, 2023 · Before you broadcast your sudden windfall to the world, and even before you contact lottery officials, you’ll be wise to surround yourself with a team of lawyers and financial advisers.
- Allison Morrow
- 1 min
Jun 18, 2021 · Lovett-Reid said a big lottery win, or any sudden windfall, should be followed up with a call to a lawyer, accountant or financial adviser. She also suggest three simple rules:...
If you win the lottery in Canada, you must first decide whether you want to go public with your winnings or remain anonymous. You may keep your lottery winnings a secret from everyone but your closest family and friends.
Jun 26, 2024 · Here’s what to do with your money once you claim your lottery winnings. If you’ve experienced a sudden financial windfall, you’re probably bursting with excitement! But, you likely also have a million questions swirling around in your head about what to do next.
