Secure the bag!
@haseeblegal on TikTok is an attorney that suggests the first steps you need to take after winning the lottery is:
- Find a good attorney to have your back
- Find a trusts & estates lawyer
- Take the lump sum
- Decide how much to give to friends & family (he suggests 20% of your winnings). Set up trusts!
- Do not hire an investment manager. Instead, invest in index funds.
- Consider putting money into long term U.S. treasuries
- Beware - people will try to sue you!
What would you do if you won the lottery?
See the video below!