Mark Cuban Has Advice For Powerball Winner
Yes, you’ve heard non-experts try to give advice on what to do with the $1.5 billion jackpot if you win. But how about some words from someone who knows what he’s talking about?
Let’s face it. I can jump on the air today and recycle the tips every other news organization has been repeating since the last Powerball Jackpot, or I can tell you what billionaire Mark Cuban says.
First, hire a tax attorney.
Second, don’t take the lump sum, you’ll be less likely to blow it all.
Third, if you weren’t happy yesterday, winning won’t make you happy tomorrow.
Fourth, if you were happy yesterday, winning will make you very happy tomorrow. You’ll enjoy a life where you don’t have to worry about bills.
Fifth, tell your family “no” when they ask for money. If you help someone, it should be someone you’re close enough to that you knew about their financial issues before you won. And no one needs $1 million for anything.
Finally, don’t make investments. Just put the money in the bank and live comfortably forever.
There you go, advice from Mark Cuban and solid advice at that! Read Mark’s advice more in detail here.