If you won 1 billion in the lottery, what would you do?

Nice fantasy problem to have. I would take the money in a lump-sum payout for starters and get taxes out of the way. Further, with the lump-sum, less chance of dying before the money comes my way. read more

No lottery has ever had a prize of $1 billion. Thus, in order to win $1 billion in the lottery, you have to win the powerball or megamillions at least twice with each jackpot being at least $500 million. The chances of this are so remote as to be meaningless. But, let us change the question to $300 million in winnings. read more

Because you know (or really, really hope) that you're going to win the $1.5 billion Powerball jackpot Wednesday, there are a couple of things you should do today, according to two financial advisers who've had lottery winners as clients. read more