I’m saving some of my best tips for the end of the month, this one is about what to do when you win the lottery, something we all want to experience.

1. Do not leave your winnings in the hands of friends or family.  Never place your trust in amateurs who don’t have the expertise necessary to handle a million dollars. You think  you trust them as a friend but that simply means they are qualified to be your friend, not financial adviser.
2. Hire a professional financial consultant with experience in dealing with lottery winners (believe it or not there are plenty out there).  Ensure you have a reputable tax accountant and an lawyer on your new payroll.
3. Redundancy is critical (not meaning job redundancy, but people backup).  Never trust just one person with your entire future. Ensure you have a team of people who’re experts in their field who can be coordinated to handle your finances in case something happens.