I Received a Windfall – What Now?

The Powerball lottery jackpot reached a staggering number last month, topping out at $758.7 million, amounting to the second largest haul in the contest’s history. The odds of winning were one in 292.2 million. Obviously, with numbers like that, the chances of scoring the jackpot were more than slim. But plenty of average Americans receive windfalls of varying amounts every day, such as from inheritances or lawsuit settlements. This sudden wealth, while fortuitous, can also be complicated and stressful in reality, impacting relationships, altering estate plans, and creating other hoops to jump through. How do you handle it?

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