lottery winner

Business
8:22 am
Wed November 28, 2012

Big winners share lessons, risks of Powerball win

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Visions of lifelong riches are surely dancing in the heads of those rushing to buy lottery tickets for Wednesday night's $500 million Powerball jackpot.

Past winners of mega-lottery drawings and financial planners have some more sound advice: stick to a budget, invest wisely, learn to say no and be prepared to lose friends while riding an emotional roller-coaster.

Tales of big lottery winners who wind up in financial ruin or other desperate straits are increasingly common.