/biz/ - Business & Finance

>>51489383
> big daddy government takes half
> instead of a lump sum, you get your winning in fixed amount per year
> you only end up with 500k/year across 10 years, and you STILL need to pay income tax on this money
> every one starts asking you for money
> you think you are hot shit and starts snorting cocaine on hooker’s assholes
Its not that much money and really easy to fuck it up for people with no financial literacy. The wisest thing to do is probably shoving it all in a fund and keep living life as you would without the lottery win