What to do if you win the Powerball jackpot: 9-step plan to handling your money

While these big paydays have spawned numerous rags-to-riches stories over the years, they have also spelled disaster for some. Not only do most winners have to deal with people coming out of the woodwork looking for a handout, but there's also bankruptcy, murder, robbery, drug abuse and legal troubles in many cases. In fact, according to the Certified Financial Planner Board of Standards, nearly one-third of all lottery winners go bankrupt.


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